After a very significant drop, #PYPL finally arrived to its origin station. IF price breaks this channel path 2 will be the future. IF price fails to break this channel path 1 will come. Since price has already fallen 70% below its high, path 1 is more convincing.
what do you think it is doing now? i think it is headed for $40?
KevaFX
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@siamakcgm, I am still bullish and waiting for end of the first phase of correction.
rosscepp
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This was exactly my thoughts so i bought 500 shares of paypal with a price target of $186 or so, I hope I don't get my ass handed to me lol where might a stop loss go $89? or $79? or is that too dangerous for being stopped out?