$PYPL TOP 20
Added 2023-12-19 15:22:31 +0000 UTC$PYPL has bounced well today, it did not quite make it down to the 0.38 Fib level at $60.10 but the previous high level was at $60.44 and the price made it down to $60.80, so it certainly found an area of support and has bounced.
We still need to see more if this is just a Wave B bounce in Subwave 4.
The main thing is we are in an impulse wave here and our Wave 5 target at $66 is the likely target over the next week or so.
A break above this level and we can move up to $74.
Remember we are still in the buy zone under $66, so this is an area where I consider to be undervalued with a large margin of safety
