PayPal has broken and tested its old downtrend. I like the stock.
Note
Hilariously PYPL dropped significantly immediately after my purchase. I am trading this on the weekly. I don't use stops. I trade based on size and the question "did something fundamentally change with my thesis." My position is small now and will consider adding, but maybe not. We'll see.
Trade active
Still long. Not amazing right now. Not terrible either.
Trade closed: stop reached
This is my second worst trade of the year. I still own some shares, but not enough to even think about. This trade is over with. Should have closed it immediately after the initial drop. Oh well.
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