MichaelEugen1

PYPL possible pullback into larger bounce

NASDAQ:PYPL   PayPal Holdings, Inc.
I'm currently watching PYPL as a possible swing long on a potential pullback into the end of the week to benefit from a potential market bounce that I've been anticipating into the end of July- I think this name provides uniquely beneficial risk: reward potential for a bounce play; I think we are repeating patterns across the board that we made in the lead-up to the march fakeout Rally- made a rectangle around where I suspect we are in said lead-up. Not everything will be 1 for 1, of course, but my convictions through July are that we go higher before the market eventually makes the next leg lower. I think a reasonable price target for said play would be the high 80's. Best of luck all!
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