$PYPL bounced post earnings but gave a lot of it up but we can see that it hit our Wave 5 target and pulled back for Wave A which is what we were expecting.
I want to see a hold of this support now on the 0.38 Fib or on the 50 Day MA just slightly below and then bounce for a Wave B next, I care very little what happens in the short term, I just want to see this move as we expect in an impulse structure and this needs to be constantly said about $PYPL, many believe this should be bouncing like a meme stock or an alt coin.....that is the opposite of what I want to see.
It is up over 36% since November, I am more than happy with this.