VolumeSpreadAnalysis
Oct 8, 11:12 PM
$PYPL
Price:
$55.02
Volume: Average or below
Catalyst: Market digesting PayPal's latest branded checkout and Venmo monetization updates ahead of next earnings.
Resistance:
$58.50
Support:
$52.00
Bull case: Reclaiming
$58.50 on rising volume could spark a squeeze toward the low
$60S.
Bear case: A breakdown below
$52 on heavy selling likely opens the door toward the high
$40S.
What I'm watching: Waiting for a volume surge to confirm direction before taking a position.
Note: I’m not a financial advisor or a market predictor, and I don’t offer any premium subscriptions or paid services. Feel free to check out the link in my bio: @VolumeSpreadAnalysis
0 replies