Solistica
Long

PYPL Break through or just news pop?

NASDAQ:PYPL   PAYPAL HLDGS INC
22 0 1
PYPL             has been looking more and more promising lately with recent changes to management and the most recent news of plans to acquire Cuban business. However, the recent news seems like a small bubble in comparison to the resistance level it was experiencing the previous week.

PYPL             is also very close to breaching it's all time high which could act as another resistance level around $42.

We could see this trend continue in the following weeks, but in the short term, we could see some indecisive waves over the next fews days as the resistance line is accepted or denied.

I'm confident that PYPL             will be a good Long hold regardless, the question is the entry point.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out