SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

$PYPL got a set back this week and the timing wasn't great.

The price action bounced last week after the CEO said their projections for Q2 where ahead and the share price jumped to the top of the ascending triangle, however when $AAPL released that they were dropping $PYPL on their payment system, the share price reacted negatively.

Price is now back down to the bottom of the triangle wedge line again but still above the 0.618 Fib and the 200 Day MA......so the consolidation sideways continues.

I am ok with this sideways movement but I do not want to see the 200 Day MA lost, this will certainly show weakness.

$PYPL TOP 20

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