PYPL Long
The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level.
The 9 EMA crossed the 20 EMA shows the short term trend in rising. OBV confirms the upward movement as it crossed its 13 day ema.
MACD is setting up for a cross and the FI (13), (2) are both recently positive.
Stop: 89.78 (prior low, likely support)
Target: 108.20 (April 22 gap level)
The 9 EMA crossed the 20 EMA shows the short term trend in rising. OBV confirms the upward movement as it crossed its 13 day ema.
MACD is setting up for a cross and the FI (13), (2) are both recently positive.
Stop: 89.78 (prior low, likely support)
Target: 108.20 (April 22 gap level)
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