PYPL - Forecast
Updated
Pay Pal looking great. Its move to the 100% mark is nearly certain at this point. I would look for rejection at 99.53 area and watch for the pullback to 96.92. area, and if it has momentum look for it to continue to 94.31. Dont get me wrong it could absolutely crush 99.53 and make a drive to 102.14, but wait for closes about that level to confirm. This is NOT FINANCIAL ADVICE, I'm a degenerate.
Note
Pay Pal gave our golden target (100% line on fib) a little kiss. Now we look for the pull back to 96.92 and expect it to go further to 94.31-93.70 area as well. But hey, don't take my word for it, I'm a degenerate. NOT financial advice.Note
PayPal caught some resistance at my 96.92 level perfectly. I like how it dipped past the fib level, its a trend continuation in my opinion. I'll still be eye balling 94.31-93.70 area as a profit target. Could easily reach 91.70 if we are lucky. Trade safe boys and girls.Note
Got a wonderful bounce off the 94 area call, nailing them lately. Its looking to test 99 again. I hope you all took profits. Look for momentum if it reaches 99 for signs of testing higher, otherwise look to reload and look for another test of 94 and hopefully lower. Trade safe. NOT FINANCIAL ADVICE.Note
PYPL shot through and kissed the (150% line) looks like its going to bounce down to the 99 (100% line). Look for support there, and possible bounce. If it pushes hard past it, look for support at 94.31 (50% line). TRADE SAFE/NOT FINANCIAL ADVICE.
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