PayPal - is PayPal finally breaking higher?

Is PayPal finally breaking higher?

Taking a look at PayPal as it seems like it may have broken out towards the upside on the daily timeframe. Currently, its shares are trading at around $67.27 a share. We can see the break higher occurred on the 21^st of March, the price then retreated towards the upper trendline of the triangle for a test of support (previous resistance). It has since bounced back and now is rising higher. The next level of resistance is the price level of $68.46 followed by the earnings peak of $69.59. A break above $69.59 would incentive the bulls to try and find a new support/consolidation zone between $70-$75. Towards the downside, the primary support now reads $64.97, which sits along the trendline. A break below it would require a dip below $64.54 for any further possible downside. This would see the stock’s share price re-enter the triangle area. Looking at the technical indicators, the MACD is positive and so is the RSI aa it reads 65.