Buy PYPL or Jun calls near weekly support
After tumbling for weeks, price already made a bullish bounce off weekly support line. See the 3-candle pattern right at the line. Price has pulled back since, so I am ready to take a long position. RSI has bullish divergence and stochastic %D is moving above oversold territory. I like June expiry for calls because it may take a few weeks for RSI to move up to 50 and this allows time to capture a significant price change.
Note
Buying swing calls today.
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