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.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。