PYPL Short Setup

١١ يناير ٢٠٢٢

Nice little risk-reward setup on the next break lower out of the bear flag.
Short calls on solid companies are fools game admittedly,
but the chart is the chart.

٢ فبراير ٢٠٢٢

ملاحظة

As expected now trading $145

٨ نوفمبر ٢٠٢٢

ملاحظة

Keeps getting trashed!

١ مارس ٢٠٢٣

ملاحظة

Still a bearish chart. Bottom pickers are not being rewarded.

٩ مايو ٢٠٢٣

ملاحظة

Since I first published PYPL has lost 66% of its entire value.

١٠ مايو ٢٠٢٣

ملاحظة

Buy now pay later in a rising interest environment was not a good idea for PYPL to get into.

٢٠ يونيو ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

After a year and a half. I am finally closing this short position for a 68% gain in PayPal.