PYPL Short Setup

Nice little risk-reward setup on the next break lower out of the bear flag.
Short calls on solid companies are fools game admittedly,
but the chart is the chart.

הערה:

As expected now trading $145

הערה:

Keeps getting trashed!

הערה:

Still a bearish chart. Bottom pickers are not being rewarded.

הערה:

Since I first published PYPL has lost 66% of its entire value.

הערה:

Buy now pay later in a rising interest environment was not a good idea for PYPL to get into.

עסקה סגורה: היעד הושג:

After a year and a half. I am finally closing this short position for a 68% gain in PayPal.