Hello Traders and Investors, today I will take a look at PayPal.
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Explanation of my video analysis:
With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80%...
Hello friends
In the share of PayPal Holding, we see the formation of a clear Elliott pattern.
In this share, we see completed wave 1 and 2.
There are two scenarios.
The first scenario is the 5 Elliot wave mode and the second scenario is zigzag.
In both scenarios, we expect the share to grow.
If we consider zigzag, we are currently in wave 3 of C, and if we...
I've never seen so many delusional bulls that think a stock is heading higher.
Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded.
PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point...
I had expected Paypal to rise. It did but not with the momentum I had expected.
We cannot overcome the MA so that the preferred direction is the downside at moment. I don't expect to much however, as the our friend the trend is still up.
PYPL has broken out of the 1-year 8-months downtrend line and is likely to trend higher, especially after it has broken out of the bullish flag formation. The ascending triangle wll consider be completed after the stock breaks above the key resistance of US$66.94
Hello friends
Following the previous analysis (be sure to refer to the previous analysis and if you are not following my page, be sure to follow it)
We expected the growth of PayPal's share in most of the 5th wave.
Currently, wave 1, 2, 3, and 4 of wave 5 have been completed, and wave 5 is left from 5.
We expect the growth of the share price to about 72 and maybe...
Not buying today despite the discount because a gradual downtrend has formed. As long as that pattern holds, it will continue to make lower highs and lower lows over time (doesn't sound fun). That said, if it can eventually break out of the downtrend (which is currently running next to the 50-week EMA), I would consider starting a position (even though it would...
"Today, there's an announcement regarding the performance of NVDA stock. Don't forget to keep track of the results. For those holding orders, it's advisable to close them before the announcement. If you're considering buying, it's recommended to wait until after the earnings announcement day."
PYPL has had a great past two weeks putting in 7-9% gain. In the past week however, that
momentum has stalled. PYPL has printed a head and shoulders pattern. The predictive algo
of Lux algo suggests a reversal here. PYPL has been resisted on the higher price action
by the second upper anchored VWAP band. The H & S pattern neckline is about 63.
The...
In a surprising move, PayPal Holdings ( NASDAQ:PYPL ) has unveiled a revamped accounting methodology, sending shockwaves through the financial sector. The digital payments giant's first-quarter earnings report, released earlier than usual, revealed a staggering 27% surge in profits, much to the delight of investors. However, what truly sets this announcement apart...
NASDAQ:PYPL Chart looks bottomed - we are expecting support to hold in the 63$ area for a trend reversal and major move to the upside.
Buy: 62$
Targets: 75$, 92$, 112$, 188.88$
Paypal is gaining upward momentum again after having corrected the rise since March 27th.
Provided that we can overcome the MA there is a good chance to test this years highs again.
To be honest I am not as bullish biased as this project suggests with the succession of higher rectangles ending with the top bigger one, as I find this scenario if not unlikely at least less probable, but I still find the overall potential for this matrix a little intriguing especially if this longer rectangle in this starting position provides some decent follow...
Stock : PYPL ( PayPal Inc )
Date : 27 Mar 2024
Trend : Up
preferred Transaction : Buy ( 66.50 $ )
Reasons : The stock has broken out above the resistance level of the upper line of the descending price channel
Technical Analysis success at level : zone ( 87 $ to 91 $ )
Technical Analysis fail at level : 60.40 $
PYPL net buying has been continuously active this past few days.
Position takers are back after the stock touch a major order block support at 60 levels -- and touching 1.0 FIB levels.
Initial target is at 75.0.
The current price is already at a very discounted levels factoring in last quarter's (June 2023) rosy earnings report with revenues up by 7% at $7B,...
