SamSuka
The Long Investor
The Long Investor

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$PYPL

I am still waiting for this to find its momentum to the upside, as long as this move up from the low to $68 has three moves, I still thread carefully as there is always a potential that this is a corrective wave, the pull back now from $68 to where we are now, just at the blue line is not complete yet, I want to see a new high next to confirm that we are in an impulse wave, this confirmation is very important and effectively another buy signal and that the bottom is in.

If the blue line is not recaptured and held above this line, then it is back deep into the buy zone again and the bottom is not in yet.

If this is the case, I will accumulate $PYPL in the buy zone down to $57.

$PYPL

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