$PYPL is seeing a further positive continuation in the PM now and we can see that the PM price action is just at the 200 Day MA on the daily chart.
This is a very important level, we can see that the price rejected at this level in early December and has struggled at this level for the last 2 years so this time we need to see a breakout and hold above the 200 Day MA.
Needless to say I will be watching this closely.
I am not focusing on anything else for $PYPL at the moment bare getting above the 200 Day MA which is exactly at $63.30 now.
$PYPL is my biggest position now, we are in the buy zone still and the Risk v Reward still favours the reward side at these levels.
Sal
2024-01-19 16:26:59 +0000 UTCJeff O
2024-01-19 15:36:59 +0000 UTC