Good risk/reward idea. Subject to RSI signal if break out then confirm bull wave targeting previous gap then fibo at 1.62% - stoploss will be at 61 which around 8% down from last closing Profit taken at 75$ will gives rewards by 16% approx . it can go higher but lets take it one by one as stock still on down trend since long time and can go lower to around 48-50...
PYPL broke out of long-term channel two weeks ago, but I'm not confident it will get past $68.21 (for now). Looking for a fall-back to the $64ish area next week. The run up has had some strength, however. Will close short position if there's a close over $68.21. GL
After a long bearish trend, paypal has had a second break out above the 200day ema which has me feeling bullish on this stock. Paypal owns several companies (see tinyurl.com for more reading ).
Short term bearish Double Top with possible retest of the trend line at vertex. This pattern may form an Ascending Triangle. Short term may see some correction into a bullish Ascending Triangle Setup. Must break out over $68 with volume for consolidation breakout and break of downtrend
Hi everyone, PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A...
PYPL Weekly Chart Analysis: For educational purposes only, NFA Bullish case: March 28, 2024 1# Weekly EMA9/21 cross up. 2# Bullish Expanding Triangle 3# Inverted head and shoulder
An interesting condition can happen at the break of 68.21 dollars, watch the video to find out more
PayPal has broken and tested its old downtrend. I like the stock.
PYPL has not been participating in the rally that other tech stocks have benefited from. I am not sure why. Price recently hit a long term trend line and bounced. I am less convinced that there is meaningful follow through, but further upside is expected. Not financial advice.
Paypal moving on strong after suffering a massive stock dump. Weekly RSI has been consistently climbing. Stock now starting to lift off the October bottom. 10%, 40% and 80% gains looks realistic from here imho.
Paypal given clear breakout at current cmp and forming wedge pattern
Not as exciting as crypto but I have a position around $60 range. Weekly 200ma gap fill around $140-150. bullish divergence with slowly trending down price and probably rising RSI (Can't RSI confirm because I didn't upgrade my tradingview to see more indicators haha). 20ma about to cross the 50ma for reverse death cross or whatever the technical name is. Stock...
PayPal is showing divergence, and is building momentum for a strong, sharp reversal. Great opportunity here after a massive sell-off. Trade Strategically, The Chosen One
Obvious that the bear trend is clearly done Paypal Hodlers should get relief and fresh positions could get rewarded quite nicely It's not a bullish falling wedge, which is pattern I prefer. But more of a regular descending channel ... I think a move to $100 should be the minimum objective.
It has been a few years (Aug 2021) since the PayPal weekly chart's MACD signal line is crossing up the zero line this week. We will observe if it recovers from the significant decline since it hit its high a few years ago.
After an 84% drop can this finally be a trend reversal? NASDAQ:PYPL still has a gap to fill at $150 and $72, but has a tough ice line to break at $68.
Paypal's recent move up accompanied by declining volume indicates price going down upon reaching the 0.886 fib target. We might see it reach $75 if it breaks the initial target with convincing volume in the upcoming days/weeks.
PAY-Pal means PAY-PAL-;) meaning I should get paid by my pal right? xD