In my humble opinion, most likely, the stock has finished its correction phase with subwaves ABC in more global B wave. Going short from the prevous fractals which are currently a resistance level.
The price is moving around 30MM. We can see a marked resistant and support, so the phase is 3. Only buy if the price breaks the resistant.
$PYPL PayPal bullish hammer on the weekly chart after steep sell-off last week. Both RSI and MFI now appear to have bottomed. Expecting another strong earnings beat later this week. Next bull run could make a push for the century mark. Targeting $95-$100 area by January. Note: Informational analysis, not investment advice.
Swinging on tight stop loss - Worth giving shot. I think test to 80 might happen.
An ideal short will look like this price retraces up to pennant resistance price touches weekly wedge support level to perform the pullback rejection test Weekly Chart for Wedge Formation
PYPL chart on weekly looks great. Long term calls January 2019 or January 2020 looks great on Breakout above 86.00 price with stop loss at 73.50 area. NASDAQ:PYPL
Clear sign of a Rising Wedge Formation, Looking to long PYPL with entries around the .786 fib level while s/l placed below the yearly lows. Looking to T/P1 at around the .382 fib level & T/P2 at around the .236 level. Short-Term Shorts are viable for PYPL marked at 'S?' for those who are interested in trading the trend. Remember the trend if your friend.
Daily chart: PYPL has been going down the last few days after their decent earnings report. There will be a sign of recovery coming the next few days. As we can see the chart, it is quite a clear idea how it will be end the next few days imo!
Bouncing off 150 MA, Great earnings (doesn't matter), beginning wave 1 and finishing up a nice bull flag. RSI also pointing north. Just my personal opinion. Thanks.
Uptrend continues, nothing changes at the moment. Excellent results as usual. A small hiccup. Can be seen even more clearly in the daily chart.
PYPL Head and Shoulders Pattern on Weekly Chart. Close below 20 week MA past 2 weeks. If neckline breaks, stock should move towards 60.
Paypal is and will always be a permanent, financial player. The Venmo acquisition: brilliant. Square, sure, it's growing and has potential. Tell me one person back in 2014 or 2015 that had heard of it over Venmo. Brand recognition and explosive growth make it one of the pinnacles of the PYPL story. Was it expensive at $80? Yes, absolutely. Is it expensive now for...
First prediction on TradingView, lets see how this thing goes.
PYPL has a history of strong comebacks after a sell. I don't believe this will be any different. While this is one of the most violent sell offs, and it was certainly due to more than illogical fear (eBay abandoning them), it is a healthy company that should make a quick comeback. Tell me your ideas below.
I like PYPL as a long term buy and hold. Its always tough picking an entry when a stock keeps going higher. This may be a good entry spot with support at the 50sma. BUY here, set stop below todays low $75.60 I believe.
I would like a retracement to between $80.00 & $78.50, say what?! I know right, we in a bullish market, so who knows?!?