Shared by
spyrosz
Free-fall from ATHs=$310 after failed $PINS acquisition, and bad ER #s.
Latest ER #s brought it even lower into $122 area, which is the pre-COVID ATH that was taken out 1.5-yr ago..The name lost 60% from ATHs, and gave back the whole COVID rally twice as fast!!
---> Crazy stuff!!!
-- Got long Tier 0 size at the opening flush to $122, risking a bit less than 1xATR below, $114s
-- I am expecting a bounce towards 9SMA@daily at a minimum, before any serious attempt to sell off lower.
-- 1st target 9SMA@daily=$152 at the moment
02-07-2022
Small profit taking at the gap-up open to $128 to lock some as this feels weak.
02-09-2022
-- Re-added what I have sold previosuly, same stop $114s
02-11-2022
Gross action. Stopped out per plan
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2022-02-04 09:35:07 | PYPL | buy | $122.160 | long |
| 2022-02-04 10:24:34 | PYPL | sell | $124.440 | long |
| 2022-02-07 09:55:33 | PYPL | sell | $128.030 | long |
| 2022-02-09 11:20:09 | PYPL | buy | $122.748 | long |
| 2022-02-11 14:52:45 | PYPL | sell | $114.931 | 0 |
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