PYPL Hourly Bull Count out of Cup and Handle
Been tracking this count since November. Looking for the breakout retest around $219.5, and then a move up as high as $230. A trendline break could invalidate this count (relatively unlikely as count has stayed consistent for the last month). It's an overall long after a brief correction.
Alternatively, the correction may be flat, as per the rule of alternation.
Disclosure: I am long PYPL in Jan debit spreads.
Alternatively, the correction may be flat, as per the rule of alternation.
Disclosure: I am long PYPL in Jan debit spreads.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.