PYPL still long way to fall

Hitting moving average and failed. RSI shows that the recent rally was a bear market rally. Good candidate to short with good RR. First target the yelow zone (although it can drop lower). Still a long way to fall. Long-term chart looks bad too. I will never long PYPL

Zlecenie aktywne:

Forgot to add an additional clue to support my analysis. The 67.5 area was a support turned resistance line. This line has been tested twice as resistance and failed. I remain short on PYPL.