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PontusTrader

Short PYPL on pennant resistance and wedge support

Short
PayPal Holdings, Inc. (NASDAQ:PYPL)  
PontusTrader  
NASDAQ:PYPL   PayPal Holdings, Inc.
Support and Resistance Wedge Pennant PYPL paypal
4
3
supportandresistance wedgepattern pennant pypl paypal
An ideal short will look like this
  • price retraces up to pennant resistance
  • price touches weekly wedge support level to perform the pullback rejection test

Weekly Chart for Wedge Formation
snapshot
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