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vf_investment
Aug 22, 2022 2:45 PM

PAYPAL HOLDING Short Position Short

PayPal Holdings, Inc.NASDAQ

Description

We expect that the price will decrease to the support level gradually. After rising wedge broke down, the Heikin Ashi candles show us that the price started to decrease. Moreover, MACD and DMI indicate that the price will decrease. Further, Divergence for many indicator shows us that 102 resistance level was selling time.

Entry, stop-loss, and target levels are in the chart.

Trade active

The price on the way down.
Still expecting downtrend to continue

Comment

Take profit levels reached. More downside coming anyway
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