Looks like it wants $75 and as current wave is looking extended which is typical for Wave 5.
I have provisionally put in an ABC corrective wave for now but this can only be confirmed when I see some slowing down of the price action and some resistance, I will be watching $75 for this.
But give this time to confirm its trend, I never sell the moment it reaches a target, I want confirmation of a reversal for a pull back, the same way I want confirmation of a reversal to the upside.
If we can get $PYPL to pull back to our blue line for Wave C later on, this would be a great add.
Gareth Neary
2023-07-18 19:57:43 +0000 UTCDanielstocks#7923
2023-07-18 19:06:02 +0000 UTCChemguy
2023-07-18 14:03:03 +0000 UTC