The Long Investor
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$PYPL TOP 20 - WATCHLIST -
🕑 Added 2025-02-27 11:50:59 +0000 UTCMy third bullish set up this morning is $PYPL.
Support has not been found just yet but I believe it is not far from it.
We were watching to see if the 200 Day MA would hold at $75 but this week has been difficult for many assets but I believe if a market reversal comes then $PYPL could benefit greatly here.
A test of the 0.618 Fib is possible next if $75 is not recaptured this week.
RSI is also in oversold territory now too below 30.
For me, a Wave B bounce or Wave 5 is still possible next, which means this is a the sweet spot for a bounce regardless of the count, which is why we bought $HIMS this week too.
