There is a bearish Divergence of Price vs. CCI on the PYPL 4-hour Timeframe. This Divergence occured right after the price crossed the Bollinger-Bands.
Each time something similar happend (bearish/ bullish Divergence, Price went outside the Bollinger-Bands) in the past couple Weeks, the Price was rising or falling to the current weekly Pivot.
A lot of Analysts believe that Paypal is about to rise - but I expect it to drop. Maybe it's only a Pullback and it will rise even higher soon, but before that, I think it will drop to 85 (current weekly Pivot).
Each time something similar happend (bearish/ bullish Divergence, Price went outside the Bollinger-Bands) in the past couple Weeks, the Price was rising or falling to the current weekly Pivot.
A lot of Analysts believe that Paypal is about to rise - but I expect it to drop. Maybe it's only a Pullback and it will rise even higher soon, but before that, I think it will drop to 85 (current weekly Pivot).
⚡ ProDivergence buy.stripe.com/3cs14e15h6FiaBy6oo
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡ ProDivergence buy.stripe.com/3cs14e15h6FiaBy6oo
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
⚡ ProTrend buy.stripe.com/4gweV49BN5Be4da8wx
⚡ GET THE CCIDivergence STUDY FOR FREE: bit.ly/CCIDivFree
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.