Jun. 18 at 3:02 AM
$PYPL Opened a position of 100 shares during overnight trading at
$42.42. The chart looks fantastic; there is a gap at
$50 that needs to be filled, and I expect it to reclaim
$45 quickly. I anticipate the market will surge tomorrow and carry into Monday, fueled by the breakthrough U.S.-Iran peace deal, which was officially signed early ahead of this Friday's Juneteenth market holiday. As shown on the weekly chart, an inverted head-and-shoulders pattern is currently forming. My short-term price target is
$50. I also have an open limit buy order for another 100 shares at
$42.15.
