PYPL - immediate support + levels below

2023年10月23日

No doubt, that this week is not only going to be important to the overall markets.

While PYPL is, once again, at crucial support.
To me, the $49 area (.all time .786 on Log) remains a key point.

Closing the gap below that zone is kinda fine but already pretty overcrowded & obvious - making me leaning more to expect bears squeezing things further down. (e.g. after a little relief rally).

2023年10月24日

註釋

While she made a new low and technically is good to reverse, I doubt the .786 remains untested.

If she takes out the high at ~60 in five waves up, I'd be keen to trade the pullback - not taking it out/moving up in three waves only means lower (for me).