Wegen dem Visa-Card Deal haben wir hier eine übertriebene Reaktion auf den Kurs gesehen, so dass sich ein Gap gebildet hat. Die Wahrscheinlichkeit, dass sich dieses wieder schließen wird, ist ziemlich hoch.
My first long trade with this stock was a failure as I closed my position below $37 with some 6% loss. Now PAYPAL is showing great strength. I will wait for some pull back to open long again. The SL is clearly below $34
PayPal's Earnings Report came out today, you can find the details - Here
In After Hours, price is currently at $40.85, but tomorrow may push through $41.70 and clear towards $42.50.
PYPL is equally attractive in the long-term aspect, this most recent bounce and the next upcoming bounce will really strengthen this upward trend and fuel us into the $50's....
Support from ema50 (Red MA), RSI recently formed a local bottom, MACD near bullish xover, and resistance test near P pivot. If the market turns bearish, an ema50 and $37 support retest likely.
Obey your rules.
Technically
if my eye is seeing it correctly, there is a potential small H&S trapped under 37-42
while the entire price structure since the IPO looks like a rounding bottom
Who wins in this fight?
Long term wise, the overall technical situation is bull bias but... who knows
Paypal is the money for the Younger Generation, with recent competition from Apple and Google it makes it harder and SQ also is a competitor. I however like PYPL and so do the institutions...I think longer term this is a winner, however keep an eye on fundamentals buy on breakout right now it is in preparation not a buy yet
PYPL has the appearance of slipping these past few days, but I believe their trend is still headed up, there has not been a lot of recent news on the company to make it swing one way or another, hopefully we can continue to see growth from the company throughout 2016.
I'll be selling with a loss at $36.75-$36.50 if this is not the case and it makes a turn for the worse.
Will need a bit of time to work out this pullback. It may retest ema50 (Red MA) for support again in this mildly bearish near term trend. Be patient and stalk an entry.
in the 2 hour time frame both the MACD and RSI are showing bull divergence from today price action. I think this recent downward movement is overdone and expect to see a short term pop back up to resistance at 39.50
following price. let us see what price gives us.... could continue around the whitish box area but volatility should come back.. green box where we can possibly grab some puts. I will look for good entry long and short notify with trade actives.
