$PYPL TOP 20
Added 2024-03-17 15:31:46 +0000 UTC$PYPL is on watchlist this week as the price ended the week above the 200 Day MA and the red channel, we are also seeing the potential for the 50 Day MA to cross the 200 Day in a golden cross next week too.
I have maintained for awhile now that $PYPL is not following the market, it is potentially starting its Wave 3, while the market is starting its ABC correction....both are not the same, $PYPL is also undervalued at these levels too, while the market is inflated.
$64.20 remains the level to breakout for the bulls, it has been tested 4 times now since October, so we know that this level carries some weight, a flip of this level would encourage buyers back to $PYPL, above $66 and this is into the Bull Case and the targets remain above.
Comments
Lot of evidence management underplayed the last set of guidance. For once an earnings report to look forward to!
Trevor Sweetnam
2024-03-17 19:12:30 +0000 UTCPerfect ππ»
Federico Salerno
2024-03-17 15:46:47 +0000 UTCI still need to see more, especially above $64.20
Gareth Neary
2024-03-17 15:46:17 +0000 UTCHi Matthias, the Impulse wave count is on the chart in green, showing Wave 1 and Wave 2
Gareth Neary
2024-03-17 15:45:47 +0000 UTCAlready in wave 3? I thought after going pretty much sideways for months, this should be wave 1 then..Cap, can you shortly explain that?
Matt
2024-03-17 15:39:18 +0000 UTCBest confirmation to increase is above 66 or are we already in the bull case so would you add at the current price? Thanks Gar
Federico Salerno
2024-03-17 15:33:53 +0000 UTC
