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.
Thomas
2023-11-28 17:51:29 +0000 UTC