PYPL IS A NO GO ZONE, I FARE THEE WELL

Recall a few weeks ago my bullish posts of bounce galore and how the bear correction was over and we'd all be smiling and enjoying a pina colada in the Maldives for buying this dip.
Well, PYPL has other ideas.
PYPL is about to form a huge head and shoulders and unfortunately its a long way to real major support.

Ah... I love this name and I will continue adding at the supports but the massive head and shoulder formation suggests more pain may be coming our way. And for that, I am disappointed. And shocked. This company is far more valuable to world consumer spending than the competition like Square which are limited primarily to the US markets.

We will see what happens.

I will fall on my sword. For now, adieu.

(BUY SHARES ON SUPPORT)