PayPal expectations for 2022
PYPL (PayPal) is at the bottom of monthly correction and from here I expect it to bounce to at least 0.382 fib, or even to 0.5 fib.
However I expect it to go sideways till at least February 10 to complete a small monthly candle.
We can expect turnaround in February-March, but we will see how support holds the price.
The best entry will be at trendline breakout, which hasn't formed yet.
This analysis is more like a discussion/possible prediction, there's no entry at the moment, but there's definitely a possibility in the future.
However I expect it to go sideways till at least February 10 to complete a small monthly candle.
We can expect turnaround in February-March, but we will see how support holds the price.
The best entry will be at trendline breakout, which hasn't formed yet.
This analysis is more like a discussion/possible prediction, there's no entry at the moment, but there's definitely a possibility in the future.
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