Paypal is the money for the Younger Generation, with recent competition from Apple and Google it makes it harder and SQ also is a competitor. I however like PYPL and so do the institutions...I think longer term this is a winner, however keep an eye on fundamentals buy on breakout right now it is in preparation not a buy yet
THE BREAKOUT HAS OCCURED, WATCH FOR VOLUME TO SUPPORT MOVE BUT POTENTIAL NOW TO MOVE HIGHER WITH BULL FLAG BREAKOUT
Well a H and S only applies if it breaks the NECK then I would take note but it has NOT and thus I see the flag being real, however the market can cause anything to occur...so watch for neck break but right now it is wanting to go higher
Yeah, i see it being loose. and the bottoming plays along with your prognosis. I'm worried only for the market already being up, and you have a chart posted recently for the markets being close to resistance of a trend. But yesterdays action cross the world got me thinking of a bull case.
Im learning more about your style, and want to know what days you think are good for buys. So far, volume sized breakouts i know. But when it is trending right near the breakout like this, but is a red day - is it an entry day for you.