THE DOWNFALL OF PAYPAL, 67 USD?

Sorry, for clickbait but this is my outlook:

I am extremly bearish on PayPal.

The reason for that is a B, extension to 0.618 (Price: 86.50) Meaning that was the top.

Now it should be followed by a C wave, which ends at 67.61 USD.

I will be placing my stoploss at 88 USD.

Kommentera:

So B wave finally began reversing. It went just a little above 0.618 fibonacci, around 87,95, where it began falling.

In my opinion we are starting the C wave down.

1st target: 67,61 USD:
2nd Target: 62.50