$PYPL TOP 20
Added 2024-01-25 17:22:25 +0000 UTC'Innovation event' is expected to be begin at 1230 EST, so in about 10 mins time.
We can see that the price is holding above the wedge and above the 50/200 DMA on the 1hr on this chart, this is also the 200 Day MA on the daily chart too.
So the price is holding an important level and a lot will come down to how well this announcement is perceived.
CEO has put a lot of pressure on himself to deliver here and so lets see if there is enough meat on this announcement to trigger a jump out of this $64 - $66 zone.
Comments
To meet the expectations of such a big announcement he would have had to do a 20% headcount reduction and improve operations at the same time.
Chris H
2024-01-27 00:31:31 +0000 UTCYes please in wich wave WE ARE please Gar
M
2024-01-25 19:45:08 +0000 UTCSo in terms of waves of EW theory.. I don’t understand where are we now.. which wave?
Tomer Altman
2024-01-25 18:20:26 +0000 UTCHi Bryan, I do not buy calls, I do not like to restrict any buys to time, finding price targets is a lot more predictable compared to trying to time the market
Gareth Neary
2024-01-25 17:34:55 +0000 UTCIf you were thinking to grab long calls. What exp dates would you consider for a 1hr chart analysis and for 1D chart analysts. Trying to understand your time horizons for your theses.
Brayan Roman
2024-01-25 17:24:39 +0000 UTC
