PYPL - Potential Long after Breakout

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PYPL has been consolidating on the weekly time frame for quite a long time, it seems to have nearly reached a point where it could break out in either direction. We would have to wait and see the direction of breakout and take a trade based on the direction. I would expect to go long primarily because numbers have been good and there is quite a lot of hedge fund interest in PYPL.

Penafian

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