PAYPAL reached its Fair Value. Will it make the bleeding stop?
PayPal has seen an extreme sell-off this week so far, the last series of the correction since late July. By doing so, the price has almost reached the bottom of its 'Fair Value Zone' which is practically the Higher Lows trend-line since the January 2016 market low.
Every prior touch on that line has been a long-term buy in the past, with PayPal starting a long-term rally to a higher Fibonacci extension every time. Do you think this Zone is enough to attract buyers again and stop the bleeding?
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Every prior touch on that line has been a long-term buy in the past, with PayPal starting a long-term rally to a higher Fibonacci extension every time. Do you think this Zone is enough to attract buyers again and stop the bleeding?
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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