$PYPL is at the Wave 4 potential support level and the Wave A level, so it is in the unusual position that in both scenarios a bounce is due once the $79 level is held.
We entered $AMZN and $GOOG over the last 7 months in this scenario and it worked out very lucrative for us, especially $AMZN when we bought at $160 in August and it hit $241 this week.
So if you like $PYPL, adding at $79 when you see a hold is a good entry point, losing this level and the price should sink down to the 200 Day MA which is moving up to the 0.5 Fib at $75.
Daniel
2025-02-05 21:41:52 +0000 UTC