Paypal Short for Week of 7.26
Updated
Paypal looking like it needs to cool off for a few days.
Showing weakness on the daily and weekly charts as well.
That being said, we have earnings this week and it makes it hard to be sure.
I would expect positive prices with more people using online payment options
due to the global environment.
Targets:
Target 1: 171.00
Target 2: 169.00
Target 3: 166.50
Target 4(extreme): 160.00
Stop: 176.00
best of Luck,
--d0x
Showing weakness on the daily and weekly charts as well.
That being said, we have earnings this week and it makes it hard to be sure.
I would expect positive prices with more people using online payment options
due to the global environment.
Targets:
Target 1: 171.00
Target 2: 169.00
Target 3: 166.50
Target 4(extreme): 160.00
Stop: 176.00
best of Luck,
--d0x
Comment
Looks like the stock is going to run up into earnings. Will pass on this trade this week. Will watch, but not holding my breath that we will get the trade.
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