Square ( NYSE:SQ ) is a serious growth company and is certainly a long-term investment. I'm bullish on NYSE:SQ long term, but I believe especially today, the stock has presented us with an excellent buying opportunity. As usual, I don't talk fundamentals. I'm only looking at the chart from a technical analysis perspective. Sometimes, after a stock is running...
One of the reasons most investors (I'm talking long term investors 3-5-10 years out) lose money is they have no Plan, no Strategy, and no boundaries. Many that start out with a plan and strategy get emotional during periods of volatility, such as this weekend, and tend to sell out at the wrong time, only to buy back at higher prices resulting in portfolio...
Great stock to own and an impressive earnings breakout after a 2-week rally that took it nearly 28% upwards. Currently overbought on all long-term timeframes and I expect it to take a breather and retest the previous uptrend TL before the next move to 320-330.
Target range 265-275 for an entry. Worst case scenario is 255 IMO.
Paypal new price target: $ 344
When: Before March 8
Growth: 18.6 %
If this is a defined bottom... Shows only on MACD so potential is there, but we need to see what happens..
Trade at your own risks
If you are looking at the chart of USD Index (DXY) and compare it with Bitcoin, soon you will realize that from March 20th 2020, USD gets weaker and weaker while Bitcoin getting stronger exponentially.
By looking at the growing list of major companies which accept Bitcoin, it is not hard to identify that US Dollar is loosing the ground to Bitcoin.
Paypal breaks the Bull Flag since the Covid-19 V-shaped recovery, and has now huge upside potential.
On the Weekly already, we could see the nice EQ zone between 215 & 175 forming, another rejection at the tops & subsequent break would've been preferable, but it's ok.
As long as the bulls can keep the momentum now, we are looking 240 and potentially...
if you check my charts i have 260 strike that expire march12th
275 strikes that expire on march 12th also
sooo i average down on the dips and am really happy by doing so!
what are you seeing ??
well paypal was in a downwards trend (the purple lines) when the markets dipped more so did paypal. it broke down out of the down trend and i saw a great buying...
PYPL reached ATH, but if the trends should stay healthy, we should go through some price correction.
I know it is a good STOCK with significant potential. The price is going higher because of the covid situation and payouts for freelancers, but I am selling now, and I am gonna wait to buy again for a better price. The growth of profit has already been included...
Paypal became extremely bullish after the Crypto wallet news, when i wrote you the buy signal:
PayPal will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies at the 26 million merchants on its...
Hello community, after a 5 wave (12345) impulsive structure we expect at least a corrective structure which contains lower degree impulses. Now the 5 wave impulse is getting completed and we expect bears to take over. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you.