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Gelium
Jun 12, 2021 4:25 PM

PYPL: Upward breakout of the local resistance level. Long

PayPal Holdings, Inc.NASDAQ

Description

An upward breakout of the local resistance level with a minimum target level around 330 is possible.

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Medium-term target level 330, long-term level 395.

Comment

Option finder:

Long Call: Buy 1x 15th Oct $370,00 Call @ $1,77
Entry cost: $177,00 (debit)
Maximum risk1: $177,00
Est. return1 at target price: $2 323,00 (1312.4%)

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There is an optional lever: gelium.net/forum/index.php?topic=1770.msg17007

Buy near support at 223.
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