PYPL: PayPal Holdings, Inc Long
PayPal Breakout from past highs,
MACD: Crossed bullish for both weekly and daily. Increasing with a large amount of volume, Momentum Indicator showing incredibly bullish.
Moving Averages: Weekly maintaining above 20-day ma, daily bounced off the 50 on 6/28, with fantastic strength.
RSI(14): Showing at 68 and increasing, not yet oversold
Trendlines: Currently trading in a weak wedge, not sure if it will continue to follow this path.
Fib showing a target of ~$94
Purchased Oct 2018 90 calls for 3.48
MACD: Crossed bullish for both weekly and daily. Increasing with a large amount of volume, Momentum Indicator showing incredibly bullish.
Moving Averages: Weekly maintaining above 20-day ma, daily bounced off the 50 on 6/28, with fantastic strength.
RSI(14): Showing at 68 and increasing, not yet oversold
Trendlines: Currently trading in a weak wedge, not sure if it will continue to follow this path.
Fib showing a target of ~$94
Purchased Oct 2018 90 calls for 3.48
Note
Breakout from wedge, calls up ~28%.Note
Closing half before earnings, up 29%Trade closed: stop reached
Closing last calls on disappointing earnings, average gain ~6%.
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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.
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.