SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

$PYPL is at an interesting point here, we said there is a possibility that the 3.618 Fib can be tested at $96 but $PYPL is also approaching the 1.618 Fib shortly at $90.92 which is taken from its Primary Wave 1 and Wave 2

So there will likely be some resistance at this level and we can see that the price action is also in a tightening ascending wedge too.

I will be looking for a rejection between $90 - $96 before pulling back and dropping into our Buy Zone so we can add again.

I will certainly trim some too if we get a rejection at this range.

$PYPL TOP 20

Comments

Evening. Trim 20% allocation or profit? Thanks.

P7


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