Confirmed buy-out offer at $70.00 for PINS by PYPL.
Turns this pattern into a bull-flag and makes the gap fill at $70.00 a definite possibility likely very soon.
(Opinion only)
Turns this pattern into a bull-flag and makes the gap fill at $70.00 a definite possibility likely very soon.
(Opinion only)
Trade active
Trade active
Sold my 10/22 $70 calls for about 50% profit and rolled out into some 10/29 call spreads with a 4:1 profit/risk profile. (Not advice, just sharing my strategy)
Note
Trade active
Bull Flag intactAbove green-line (green means go)
Target 1.618 fibonacci extension which coincides with the $70 gap-fill.
Buy enough time to see it play out if playing. (not advice).
Trade closed manually
PYPL no longer pursuing.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.