$PYPL started the day very well yesterday and was approaching the previous high at $64.13 but then the market had another idea and there was rapid selling across all sectors.
Where did $PYPL pull back to?....exactly at the 0.23 Fib at $61.66 and above the 50 Day MA too.
Holding a higher support level was welcomed.
Again we need to see if the market is finished pulling back and how much it will effect $PYPL but I believe that $PYPL and overall market are not in sync with each other, as $PYPL is starting its recovery and the market is rallying to its top.
Any significant pull back from $PYPL should be bought and I will continue to add.