PYPL swept June & July '24 lows into Oct '23 bullish orderblock. Downgrades are coming in hot, sowing bearish sentiment after a significant bearish move lower. The contrarian in me thinks we will see significant move higher in the coming months.
PYPL "By applying a Collar Strategy, I’ve set up a hedge position with carefully adjusted long and short leverage positions to balance my risk exposure." tradestrategyformula.com