PYPL eyes on $86.63: Golden Genesis barrier going into earnings

Oct 29, 2024

Follow up to my previous plot to catch dip (click).

Earning report due within the day of posting here.
2 golden fibs being tested, pair could top the wave.
Recent break out fib is key support to try and hold.

$ 84.51 is a local golden that wanted to end wave.
$ 86.63 is a Golden Genesis fib, very likely to react.
$ 78.41/42 is the first good support below if it dips.

Previous Plot for dip entry:

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Nov 3, 2024

Trade active

KAPLUNK

Dropped like a rock upon earnings.
Good thing we took profits in long trade.

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Zoom in (m15) and some notes:

Dropped from our resistance to a double fib.
Local fib series appears to be control right now.
So we will watch the local Golden at $74.64.

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All it all this looks headed down.
Good thing we took profits at resistance.

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