Good hammer on weekly, nothing prevents us from going into wave 5 of downtrend except for the bearish candle above 10 EMA.
Except from that all clean of MA and POC can go to $35.
PayPal - Short Term - We look to Buy at 89.71 (stop at 84.43)
Broken out of the channel formation to the upside. We have a Gap open at 89.63 from 02/08/2022 to 03/08/2022. We have a 38.2% Fibonacci pullback level of 89.84 from 103.03 to 68.51. Preferred trade is to buy on dips.
Our profit targets will be 116.91 and 152.00
Resistance: 103.03 / 117.20 /...
Paypal (PYPL) shows a very clear picture in the chart structure. We have two possible scenarios here, whereby the alternative scenario only has a probability of 20% due to the sell-offs.
Thus, I assume that Paypal saw the low at $68 on June 29 and has been in a wave (1) since then, which was completed August 16. Since then, the stock has been building a clean...
Start of B Wave.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
Like many stocks today, PYPL looking to test next support at the 93.5 area. Good for short term entry on EMA21 level and target profit around 100-102 IF this level holds. will look for support and RSI crossover from below 20 to the upside. If fails, could fill down the gap/window to the 90 - 89 area.
Not a financial advise.
I see the double top on the hourly chart and the rsi practically dead.
Pump & Dump may be...
I see $PYPL falling to the $90s levels.
Let's see what happens next.
Why I like PayPal PYPL
Back to 2017 levels, pretty much "recession proof" (give or take). It's almost God sent being down at these levels (undervalued/fair value). There are some strikes that are def. set up for nicely profitable positions if chosen correctly, common shares as well. Though I hid a lot of my indicators for a simple view, there is def. a...
PayPal
Short Term - We look to Buy at 78.86 (stop at 71.88)
Activist hedge fund Elliot Management reported to have increased stake. Price jumped 6% in premarket. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. We look to buy dips....
There are a lot of trendlines to act as resistance, but price down here is extremely appealing to me.
1-Above 75.28
2- Retest and rejection of lows at 68.65
There is a daily wolfe wave setup that triggered on Jun 21 closing day at 60.52. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 94.85 which is expected to reach this price target before July 6. Projected...
There is a daily wolfe wave setup. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 84 which is expected to reach this price target anytime before earnings. There is also a gap that remains open. If...
If you haven`t sold PYPL ahead of earnings:
As much i as i don`t like to work with PayPal on my store due to their high commission fees, i like the October 2017 level of the stock on a P/E of 23.60.
I`m looking for a technical rebound to the $88 resistance.
Looking forward to read your opinion about it.
Is PYPL about to find the lowest point in Hell before ascending into Purgatory? I'm not sure how the Purgatory thing works....
This is not a buy recommendation unless you like to suffer the ravages of eternal damnation. If you like that sort of thing buy this stock today.
I'm going to take a wait and see approach to see if it touches the lower channel line.......
PYPL has seen heavy descent from its ATH
However it still has a long term trend line intact (solid white line)
This point aligns with 0.382 and should be treated as a bottom point for PYPL
![PYPL: [Paypal] bullish untill $180](https://s3.tradingview.com/e/ELzbm1J9_mid.png "[Paypal] bullish untill $180")
