$PYPL - What's next?

PYPL Well, I missed the mark. Instead of a bounce, the bearish scenario played out and the stock dropped to $51.

If $51 doesn't hold, the price could drop further to $46-$43 area and close the gap.

I still think, $51 could act as decent support. For a trend reversal it would need a move above $62.

I will publish an update when there is potential for a trend reversal.