SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

Some consolidation now above the 0.618 Fib after a 3 wave pull back and along the blue support line

Remember we are in the Buy Zone, so I do believe the price is undervalued here with a margin of safety, both fundamentally and technically.

RSI is also showing a recovery too on the daily chart and starting to move out of the extremely oversold territory to 30

These are bullish signals

A hold above $69 and I believe this can move higher next

I do have a sizeable position here.

$PYPL TOP 20

Comments

How about 68.62 for adding to position? Looks like it's still in your buy zone, and made HLs...

Robert


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