SamSuka
The Long Investor
The Long Investor

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$PYPL

Still holding under the 200 Day MA on the dailly and tested it again today from below, until the price can break above this level at $74.32, the count remains the same.

It has hit this resistance level a number of times now, I have cautioned yesterday that I am not considering selling this to buy again lower, if you are considering doing this, wait for a lower low and confirmation of a reversal trend, otherwise this could continue sideways and consolidate and can have no issue going higher if it builds up strength and breaks above the 200 Day MA.

$PYPL

Comments

With todays close, it seems we are above the 200 MA. Does you see this running now, assuming a good earnings report on Aug 2?

Steven Richards

i think when W3 is only extended to 100% in that case W5 will be longer than w 3 am i correct?

bill

Hmm I thought W5 wouldn't exceed W3 in length? Would this imply that W5 has yet to start?

Jeff Yi

This is the company I've been waiting for months... Your comment about the sale helped me a lot... Thanks 👍

Qubas


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