TRADOMICS_

V or W restart on paypal? watch out next week!

TRADOMICS_ Uppdaterad   
BATS:PYPL   PayPal Holdings, Inc.
This analysis is meant to make investors and traders aware that from Monday or Tuesday onwards there could be a significant retracement of the price.

There is still time to go up (best case scenario), but the monthly time frame is starting to run out.

From Monday/Tuesday onwards there will be 7 days to keep going up (16%) versus 37 days to go down (84%).

The strength of the retracement will have to be monitored over time.

Although it is the least likely possibility, we can not exclude a return of the price around 50 dollars, it is too early to consider terminated the multi year downtrend.
Kommentera:
Analysis correct: according to it we have had a new upward wave that pushed the price back down. A low swing has been created at 53.56.

If this is broken within the next 2/3 days, we will see again the price going down at least till end of the week.

A check point for the raise is the price level at 56,72 dollars.

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