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NCEJ_LL
Feb 19, 2024 2:21 AM

EYES ON PYPL Long

PayPal Holdings, Inc.NASDAQ

Description


Should investors begin to eye
PYPL
stock? Large time frames seem to think so.

3M: shows a pin bar candle stick near 44.5 support level. This pin bar candle is telling of a sharp rejection of support zone, implying that price will gradually begin to move in the opposite direction. In this case, up and to the right.

1M: looking here we see a bullish divergence in trend between price vs RSI. Price is down trending, while RSI is trending up... indicating a potential bullish trend reversal near a support level.


PYPL looking juicy, like a nice buy + hold for the coming months.
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