SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

As with $SOFI and a number of other popular finance stocks, $PYPL is hurting today and is in the middle of the two important Fib support levels.

We must expect a test of the 0.78 Fib at $59 before support can be confirmed and/or expect a reversal.

There is also another factor now, the 50 and 200 Day MA have crossed today too for a death cross which has likely spooked some investors.

$PYPL is now firmly in the consolidation range and could be for sometime but I will happily consolidate here for the foreseeable future.

I will alert when I add again.

$PYPL TOP 20

Comments

I am 20% down in this. A mess

Luis F

Yes Same

Rob

On this chart is that a triple correction in wave C how often does this happen?

TRob430

Made another purchase today, averaging down and happy to add more if it goes below $60

niorthey

Thanks!

Tony Li

why is pypl taking a hit at tariff news?

Bill Reg

Happily accumulate you meant to say?

Seamas


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