PYPL Weekly SHORT

٣٠ مارس ٢٠١٨

PYPL Head and Shoulders Pattern on Weekly Chart. Close below 20 week MA past 2 weeks. If neckline breaks, stock should move towards 60.

١١ أبريل ٢٠١٨

ملاحظة

Neckline broke as of last week, but so far rallied back up. With market whipsawing and indecisive on direction, need to monitor further to see if this triggers.

١٨ أبريل ٢٠١٨

ملاحظة

Neckline broken and regained. Play invalidated.

٣ مايو ٢٠١٨

ملاحظة

Interesting turn of events. The neckline was regained, but stock was rejected at 79ish and now taking a dive. Below neckline and on route to sub-70s. Rising moving Avg support below.