#PayPal bouncing on weekly support

PYPL Is looking forward to a strong recovery. We had a nice bounce of the weekly support. A potential gap-fill to the upside is in the play.

PayPal is a strong company with good fundamentals. I believe the current price is not fare and we should visit $200+ channel soon.

I am planning to add to my long position as soon as we break the local downtrend and add more on retest of the same downtrend.

Comment:

I think we are resuming the move to the upside :) exactly following the little green drawing on the trendline :)