PYPL - Price Factored into ER Rally May see Drop Post ER

PYPL - With a Jan rally into end
of the month ER on the 30th,
opinions differ on its results;
so many traders believe the price
of a hopeful ER beat has been
priced into the rally, which fell
short of its resistance near 93.
Technically, the price action is
poised for a down trend back
towards historical support near
the upper 78's. A missed ER beat
and 89 break will drop price rapidly
thru the major moving averages
huddled up in the 85's. Options
should consider short term hedging.