In today’s briefing:
- PayPal Holdings Inc (PYPL US): TSS < 10 - New Multi-Month Low Risks Imminent Failure and Reversal
PayPal Holdings Inc (PYPL US): TSS < 10 - New Multi-Month Low Risks Imminent Failure and Reversal
- PYPL US has declined 32% in the August to December period.
- Our proprietary TSS methodology deems the interim downtrend to be exhausted (Trend Sustainability Score < 10).
- Thursday’s new multi-month low (NY close at 69.77) has a high probability of being unsustainable and triggering an upward correction of minimum 8% to 13% in the coming 1-2 weeks.
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