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.
Watching this falling megaphone pattern set up a potential Paypal drop to $75 within the next 2 weeks. $PYPL
Just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall DOWNTREND with a possible reversal. I have marked my potential buy zones for longs.
PayPal was super bullish because people were spending during pandemic. Now everyone is back to work and the stock crashed hard as long with tech stocks like Upstart and Affirm. Will the stock keep going down? Here is the resistance and support I think we should watch. If PayPal breaks support at $69, it will slide to $42 like butter.
PayPal on Daily is showing two breakout patterns in the making...A Cup and Handle and an Ascending triangle... We need the price to first break above $104.00. Then the next target will be easily at $134.45. Few concerns: 1. Price is still below 200MA - which signals a bear market 2. The price could be consolidating before further downside But overall I'll be...
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...
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...
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 /...
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.
We are coming down into the 4th wave correction to our green region, which where we will then see a push-up to higher highs. Targeting near $13
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
Some things looking good here - and a lot of people are short. Lets see a lil gap fill.
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...