The Long Investor

$PYPL TOP 20

Added 2025-03-02 20:01:32 +0000 UTC

I have done some work on $PYPL this weekend and I am turning even more bullish on $PYPL now.

Those who are here long enough will have added when I did under $60 and we enjoyed the run up to $93 but we did want to add more and decided to waited over 6 months for the right entry after a pull back and now we have it.

This pull back now since $93 has infringed upon the top of Wave 1 so we can rule out the Wave 4 pull back case, so we are into the ABC pull back scenario now and the 0.618 Fib is at $67 right now and at a blue support line too.

We are in the Buy Zone now and I have added already, I like the Risk V Reward here and I particularly like to see the share price decline while fundamentals increase, FWD PE of 13 and they have approval to buy 20% of their own shares back.....all music to my ears and I will likely continue to add in the Buy Zone.

Once support is found and preferably at $67 or above, a reversal should be next and the Wave 3 target is then next at the 1.618 Fib at $140....meaning a +100% gain for Wave 3.....we have been here many times, time to take advantage.