Bouncing off 150 MA, Great earnings (doesn't matter), beginning wave 1 and finishing up a nice bull flag. RSI also pointing north. Just my personal opinion. Thanks.
Remember the first target always should be the trend line resistance. this one was tricky for sure. Nice job mate!
toner
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is this an head shoulders? or just the AMZN news? (still belive PYPL is a good long basket where to park money)
Cassio124
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@toner, I agree with you. Looks like a move by smart money to get in at a lower price before the move up. Hopefully the bulls will see this as a buying opportunity and bring this back up.
toner
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@Mathew5000, thanks for feedback, I think same and maybe I will jump on when sell side will stop to average down a bit...
Cassio124
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@toner, my friend, I wanted to let you know, I now see a wave E being completed in a bear flag. I am no longer bullish with paypal.
umbertocaba
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technical analysis= personal opinion? mmmmhhh good job though
UnknownUnicorn1020621
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@umbertocaba, Don't comment nonsense without a chart. Lets see how you do