SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

$PYPL spent the week battling with its 0.618 Fib and its 200 Day MA but still managed to stay above the 200 Day MA which is an important level to stay above.

This is a level where the price either bounces strong from here or loses this level and the impulse wave breaks down.

Considering how undervalued this is at this level, I would be surprised to see if the 200 Day MA is lost but would rather expect a consolidation above this level instead.

I will not be selling my position in any way but will wait until a breakout above $66 before considering adding again.

$PYPL TOP 20

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