PayPal (PYPL) POTENTIAL LONG OPPORTUNITY
What's going on everyone! Hope you guys had an amazing weekend! Wanted to get on here and post a potential bounce swing opportunity I see here on PayPal stock. So let's not waste any time and let's dive right on!
OK so when looking at the weekly chart you can see prices are edging to the upside. Making slight higher lows and higher highs and overall you can see that PayPal is a strong company and overall at a good price. On the daily timeframe you can see price is currently in am uptrend since October of 2023. Prices have been falling but they are coming down into a significant area of demand on the daily and weekly timeframe around 57-60 per share price average.
SO with all this being said watch for a bounce play on PayPal. I have 2 upside areas I see price coming into. Since it is sitting below the daily 200 EMA I am not aiming for the stars on this at this time so expecting this to be a for sure bounce play right now based on historical demand for this stock..
So keep an eye out this week watch prices as they come down! Hope this post added some value to you guys!
Please boost this post and follow my page for more accurate analysis! Cheers!
OK so when looking at the weekly chart you can see prices are edging to the upside. Making slight higher lows and higher highs and overall you can see that PayPal is a strong company and overall at a good price. On the daily timeframe you can see price is currently in am uptrend since October of 2023. Prices have been falling but they are coming down into a significant area of demand on the daily and weekly timeframe around 57-60 per share price average.
SO with all this being said watch for a bounce play on PayPal. I have 2 upside areas I see price coming into. Since it is sitting below the daily 200 EMA I am not aiming for the stars on this at this time so expecting this to be a for sure bounce play right now based on historical demand for this stock..
So keep an eye out this week watch prices as they come down! Hope this post added some value to you guys!
Please boost this post and follow my page for more accurate analysis! Cheers!
Trade closed: target reached:
TP1 zone was hit!! Cheers!
Trade closed: target reached:
TP2 zone was hit! Huge trade...over 10% rise on this stock in a week...cheers!