$PYPL - can it play out?NASDAQ:PYPL With the recent pull back a new inverse head and shoulder with the neckline at $64, is in play now. $64 is also the 200DMA resistance so it will be harder to break above.
If the stock can close above $64 for at least 3 sessions, it can see further upside.
Breaking below $57 would invalidate the pattern.
Targets:
$64
$71
$76
Downside risk:
$55