Potential daily inverse H&S for Paypal
Strong weekly candle forming
Strong bounce on right shoulder + bottom green Ichimoku cloud daily
2 green months, watching for a third one
Bearish case:
Highly speculative
Not a magnificent 7 stocks
Gaps below
Strong weekly candle forming
Strong bounce on right shoulder + bottom green Ichimoku cloud daily
2 green months, watching for a third one
Bearish case:
Highly speculative
Not a magnificent 7 stocks
Gaps below
Trade active
Entry was strong daily candle on bottom of right shoulder. That level corresponds to the bottom of left shoulder.
So around 57
Note
Could be a legit bull run or a pump and dump.Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.