$PYPL - Chart of the Week - COTW
Added 2023-06-20 13:44:17 +0000 UTCProbably no surprise to anyone that $PYPL is the COTW.
It is in the buy zone now, it has found support comfortable in the zone too, pulled back to just above the 0.5 Fib and broke above the previous high on Thursday, where I sent out a Buy Alert for when I added.
I believe this is a sleeping giant and although the impulse wave is not confirmed yet, I believe as long as this is in the buy zone, it is a buy for me and should be bought and held for at least 18 months. I will likely hold for longer.
Getting above the 50 Day MA here at $68.50 and holding and the bulls are in a great position, we want to see a break out of the red channel and the 200 Day MA next.
Comments
$SE chart has full commentary
Gareth Neary
2023-06-20 13:51:14 +0000 UTCWhat happened to $SE? Did it work out or no?
Jack Fisk
2023-06-20 13:45:19 +0000 UTC
