PayPal (PYPL) ... 3 Possibilities

PayPal (PYPL) managed to return 30% in the first half of November 2022 and then gave it all back.

Obviously going forward there are three possibilities:

a) PYPL-Breaks dotted red line and traces out a Bullish Butterfly pattern with its point D being ~ $64

b) PYPL-Holds Bat D ~ $71 and traces out the same targets of the old Bullish Bat Pattern.

c) PYPL-Continues sideways

While we will most probably be hostage to J Powell and the Fed bullies until next week,

I would presently handicap the probability of each outcome as:

A) 30%

B) 55%

C) 15%

No position here...I'll let the price action direct me and get back.

As usual this is not investment advice... do your own due diligence!

S.