PYPL - With a Jan rally into end
of the month ER on the 30th,
opinions differ on its results;
so many traders believe the price
of a hopeful ER beat has been
priced into the rally, which fell
short of its resistance near 93.
Technically, the price action is
poised for a down trend back
towards historical support near
the upper 78's. A missed ER beat
and 89 break will drop price rapidly
thru the major moving averages
huddled up in the 85's. Options
should consider short term hedging.
of the month ER on the 30th,
opinions differ on its results;
so many traders believe the price
of a hopeful ER beat has been
priced into the rally, which fell
short of its resistance near 93.
Technically, the price action is
poised for a down trend back
towards historical support near
the upper 78's. A missed ER beat
and 89 break will drop price rapidly
thru the major moving averages
huddled up in the 85's. Options
should consider short term hedging.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.