Inverted H&S is almost complete, SMA100 last three days provided a strong support
I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$
SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$
SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
Comment:
It seem that SMA100 is saving the day again
Comment:
Bad day, more analyst changes rating and stock is falling badly
Hit my stop loss and put me out of this trade
Hit my stop loss and put me out of this trade
Comment:
Great strength!
Price can get back inside channel up
Price can get back inside channel up
Trade active:
58,90
Comment:
25 January
PayPal will ‘shock the world’
CEO Alex Chriss
PayPal will ‘shock the world’
CEO Alex Chriss
Comment:
After neckline breaking is common a test/pullback, i think price wil now raise to reach first target 72,5$ (gap filling)
Very important it that price close outside of bearish channeldown (over 66$)
Very important it that price close outside of bearish channeldown (over 66$)