CNBC Options Action July 13, 2024
Another beyond meat and uber on deck what are you seeing in the which thes you bet. A couple of charts first, the set up is paypal for a breakout to new highs. Its right at the set up is perfect. The first chart, take a look at the symmetry of this circumstance you have a 23 , 23day plunge, a 23day ricochet. You start at 124, you drop to 82, you go right back to 124, so again, a 35 decline, which you can see there, 51 rally, all very symmetric in terms of price and time and here we are right back at the time look at the second chart, this pulls it back a bit longer. Look at the authority of th...