PayPal ready to rocket

PayPal on Daily is showing two breakout patterns in the making...A Cup and Handle and an Ascending triangle...
We need the price to first break above $104.00. Then the next target will be easily at $134.45.
Few concerns:
1. Price is still below 200MA - which signals a bear market
2. The price could be consolidating before further downside
But overall I'll be Bullish Bias once the breakout occurs. Thank you for the request. Let me know if you need any other analyses.