The Long Investor
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$PYPL TOP 20
🕑 Added 2025-01-19 15:37:16 +0000 UTC$PYPL bounced very strong this week between the 0.236 - 0.38 Fib levels, which was very similar to $TSLA's bounce
Price is also back up above the 50 Day MA and the 1.618 Fib level too.
For me, if the price action can hold support above the 1.618 Fib at $90, which it did have some trouble with in Nov and Dec then $PYPL can still be in its impulse wave and complete Wave 5 at the 2.618 Fib at $111.
I wanted to trim $PYPL if the price action stayed under its 50 Day MA but this never happened so I am still holding and happy that we did.
I will only add again once I see a standard ABC correction and this will likely happen with the market, if a higher high is made next here.
