SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

Weekly chart here to provide some context because I think everyone is aware of the price action in the red descending wedge right now.

$64.13 needs to be broken first and then the very important $66.64 level on our blue line.

This is also a:

- Strong resistance/support line

- The 2 Fib

- The weekly 50 Day MA 

- A break into the Bull Case.

This is an VERY strong confluence level and if the bulls can break above this level and holding, then we have our reversal and the price can run to $83 for the First Target and eventually to the Second Target at $100.

Certainly a break above this level and holding is a buy signal.

$PYPL TOP 20

Comments

Takes a lot of patience to hold this stock.

Danielstocks#7923

$100 by March would be a push but let's see how it handles the break out first

Gareth Neary

Think we can see $100 by March? March/April was always my hope since I started with $pypl months ago

Clint M


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