SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

Just sitting on top of the 50 Day MA and the 0.38 Fib level, after finding support on the 0.618 and bouncing.

We need $PYPL to make a higher high, so break above $58.55, so it has bounced in more than 3 waves since hitting the low at $50.20.

Once this is done, the risk is off slightly and the price should be able to move higher and not lag.

$PYPL TOP 20 $PYPL TOP 20

Comments

Interesting pattern. Let's hope history does not repeat itself and $PYPL breaks out of this yellow channel eventually.

Thomas


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