Since September PYPL has been having a bad time. Sucks for those holding shares, but for others, it sets up a good opportunity for large gains.
There are two scenarios I'm expecting to play out
1. It goes down to the weekly SR level and volume area at ~$100 and reverses from there. If that doesn't happen, exiting before the gap under $97 is the move.
2. Assuming the first doesn't play out and it gaps down, I am expecting the monthly SR level to hold. It held during the covid crash, so I think its a decent bet. Obviously if it is volatile, wait for price to settle down before entering and manage your risk accordingly.
Very good RR here.
There are two scenarios I'm expecting to play out
1. It goes down to the weekly SR level and volume area at ~$100 and reverses from there. If that doesn't happen, exiting before the gap under $97 is the move.
2. Assuming the first doesn't play out and it gaps down, I am expecting the monthly SR level to hold. It held during the covid crash, so I think its a decent bet. Obviously if it is volatile, wait for price to settle down before entering and manage your risk accordingly.
Very good RR here.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.