Hey Investor,
please see my longterm idea on PayPal, where my counts suggests a possible bottom printed which will now lead to the next bullish cycle. What is important here is that we close above the 1.618 Fibonacci extension level in order for this analysis to be invalid. A break o the 1.618 level would lead to a bearish wave 3 which would change dramatically my count.
This is no financial advice, just my technical expertise.
RT
please see my longterm idea on PayPal, where my counts suggests a possible bottom printed which will now lead to the next bullish cycle. What is important here is that we close above the 1.618 Fibonacci extension level in order for this analysis to be invalid. A break o the 1.618 level would lead to a bearish wave 3 which would change dramatically my count.
This is no financial advice, just my technical expertise.
RT