PYPL looking to break all-time-highs?
PYPL made a new all-time-high in February of 2021 and now it's looking to make new all-time-highs.
Fundamentally:
* Sales growth quarter over quarter is more than 30%
* Earnings-per-share expected to grow +5% over the next year
Technically:
* Beta score of over 1
* General up-trend
* In rage from year-to-date
* Found new support at $289.46
* Steady volume as it makes new support
Trade Idea:
* Look for buying opportunities near its new support of $289.46
* A break below that, $277.87 should hold as support since it's acting a pivot
OR
* Wait for a weekly close above $309.14 to confirm the break
Fundamentally:
* Sales growth quarter over quarter is more than 30%
* Earnings-per-share expected to grow +5% over the next year
Technically:
* Beta score of over 1
* General up-trend
* In rage from year-to-date
* Found new support at $289.46
* Steady volume as it makes new support
Trade Idea:
* Look for buying opportunities near its new support of $289.46
* A break below that, $277.87 should hold as support since it's acting a pivot
OR
* Wait for a weekly close above $309.14 to confirm the break
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.