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nirmalc83

PYPL Weekly SHORT

Short
PayPal Holdings, Inc. (NASDAQ:PYPL)  
nirmalc83 Updated   
NASDAQ:PYPL   PayPal Holdings, Inc.
Chart Patterns Trend Analysis PYPL short Bearish Patterns Head and Shoulders
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chartpattern trendanalysis pypl short bearish headandshoulders
PYPL Head and Shoulders Pattern on Weekly Chart. Close below 20 week MA past 2 weeks. If neckline breaks, stock should move towards 60.
Comment:
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.
Comment:
Neckline broken and regained. Play invalidated.
Comment:
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.
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