$PYPL TOP 20
Added 2024-04-18 17:43:14 +0000 UTC$PYPL kissed the 50 Day MA today at $62 and held, this level needs to hold here or the pull back infringes on the subwave 1 bounce and this can not happen in an impulse wave.
$PYPL has showed a lot of fight to hold up considering the pressure since CPI came in hot.
But losing the 50 and 200 Day MA will certainly delay a break into the bull case.
As long as it holds here, there is nothing to do but a break down and you need to make a decision on whether to hold or trim because another test of the larger white Fib at $57 is possible.
