PayPal Holdings, Inc.

Short

PYPL Short Setup

Updated

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.

Note

As expected now trading $145

Note

Keeps getting trashed!

Note

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

Note

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

Note

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

Trade closed: target reached

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

Real Macro Economic Investing
patreon.com/Realmacro

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