PayPal (PYPL) shares are coiling in a small bull flag pincher setup between the 55- and 200-day MA’s as the name is also on the bullish gamma list with a lot of January expiration positions in OI. PYPL triggering above 62 here can see a quick surge to the 64 level at its 200 day MA while a strong thrust above that start a multi week advance higher ahead of earnings in early February with potential to see the 66.50 level retested which is the bottom of a large open gap level from last August. The bigger picture shows PYPL forming a pretty large inverted H&S basing bottom with a close above that 200 day MA being the next trigger point.