PYPL continues recovery well; Target 81 possible! 73 first!
Price action (Update 24 Mar 2024)
- Have been positive of PYPL price action past months since the basing from mid 2023 (still basing and firming)
- Basing well, inverse head and shoulder also forming well.
- Neckline about 65 about to be breached (broken and back tested now)
- Break 65 and we are talking about 50% gap fill (70) and full gap fill (73) with a target up to 81/84
Bullish
- Key stay above 65 and head for 70, 73 and then we see 81-84 come into the play
Bearish
- 58 need to hold and hold well
My plays
- Been holding to quite some shares for some time
- Once break of 65, will sell puts strike 58 for uptrend plays
Good luck, all
PYPL Daily - 24 Mar 2024
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- koolgal·03-24TOPBest of luck 🍀🍀🍀🌈🌈🌈1Report
- Deposit·03-25TOPNice to hear it is, thanks1Report
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- melson·03-24[Happy]✈️✈️✈️1Report