motleifaul

Bottom?

Lång
motleifaul Uppdaterad   
NASDAQ:PYPL   PayPal Holdings, Inc.
We can see the attempt to build a bottom at around 75.70. This level has some relevance at least since July when it was a temporary top at the begin of the month and was tested from the topside at the end. It has been serving as a support for 1 month now. At this level always new buyers come in and on the 7th of November we could open a window after the attempt to fall below this level the day before. The support has been tested several times and proved to be important enough to risk a little long position.
Trade stängt: Stopp nått:
The June support has been broken now. I am turning the position into a short.
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