Been tracking this count since November. Looking for the breakout retest around $219.5, and then a move up as high as $230. A trendline break could invalidate this count (relatively unlikely as count has stayed consistent for the last month). It's an overall long after a brief correction.
Alternatively, the correction may be flat, as per the rule of alternation.
Disclosure: I am long PYPL in Jan debit spreads.
Alternatively, the correction may be flat, as per the rule of alternation.
Disclosure: I am long PYPL in Jan debit spreads.
