Get started

NEWS

$PYPL Looking for a Breakout to fill Gap down from $160+ to $200Let's start with the Tech side of things: 1. Has flipped the PARSAR bullish on the daily and is about to flip it bullish on the weekly 2. Accum/Distri has begun to climb sideways and upwards on the daily and the weekly after being down since Oct last year 3. MACD is been flipped bullish on the Daily and is about to be flipped bullish on the weekly This is just a few of the technicals that have turned bullish in the last few weeks, there are several more. Analysts: 1. MoffettNathanson's Lisa Ellis raised her buy recommendation to $190 this past week 2. Deutsche Bank's Bryan Keane raised his buy recommendation to $200 Why are they Bullish? Keane met with Paypal's CFO John Rainey this past week, following which he wrote that: "Beyond new product initiatives, PYPL also stands to benefit from expanding into China later in the year (catalyst for ) as well as through increased omni-channel capabilities as it integrates card based solutions and Zettle." Zettle by PayPal is its point-of-sale solution; its maker was bought by PayPal in 2018. Ellis wrote that she believes the stock is very attractively priced, and that she " upside from the strong U.S. eBay growth (27% in 4Q21), a macro recovery in China and other international markets, and the rollout of new services, including , crypto investing, and bill payment."
NASDAQ:PYPLLong
by StockGuild
$SPY Clear Breakout Continues Monday Possibly into Wednesday$SPY has been on an absolute tear the last few business days and for good reason. For the most part the interest rate hikes, war in Ukraine and the "New" Covid subvariants from Europe are all baked into the price and the tide has turned, there are now more bearish than bullish people which means its a time to buy. The uncertainty surrounding the markets have indeed tapered off. I expect stocks like $PYPL $MULN and Tech Electronic stocks to gain back considerable ground. Not to mention on the tech side of things the $SPY has broken the key resistance at the 50MA and 200MA and is about to break through the Ichimoku Cloud.
AMEX:SPYLong
by StockGuild
4
$PYPL Clears the way for a breakout to the Upside PT $200A year after PayPal adopted the crypto market and allowed users to receive and use crypto for goods, PayPal has returned to its Pre-Covid levels that most tech companies have recently returned to after seeing an extraordinary last two years. Now in a clear uptrend with the stock market and crypto heading back up to breakout levels I anticipate PayPal to follow suite and gain considerable ground over the next few weeks. My current PT is $180-$200 I've bought May 20th $150 Calls in anticipation of this. GLTU All
NASDAQ:PYPLLong
by StockGuild
Short Term Profit Trade Idea - Check Stop Loss and Take Profit!Sentiment: Bearish (short term) Entry Price: Orange Line Horizontal Target Price: $42,000 Take Profit Price: $42,500 Stop Loss: $45,100 (just above resistance) *using Pionex reverse leverage grid robot, which lets me lock up my BTC and loan 5x USDT for my trade. I control the amount of grids and profit/loss per grid….highly recommend. Switching over to Margin grid as soon as BTC bounces off the support of $42K. From $42K, we are looking at target price of $50K-$56K with new support at $45K. Buy Dips and Eat Chips.
Short
by Fabreezio
USDJPY BREAK AND TEST Usdjpy technical analysis: h1 chart: price is above 200 hour sma and has tested a support zone (highlighted in orange) that corresponds at 0.382 fibonacci retracement from the last impulse. The pair is in a general uptrend in bigger timeframes as h4 and daily. There are good chances that usdjpy can push higher towards the main resistance, already tested two times. Pay attention to news of tuday on pending home sales and durable good orders for USA. Use a proper money management
Long
by Dragon_Investments
2
Chronicles of Stress, Iran and Oil,Stock Market and the FedEveryone on this planet seems to know about the current situation around Ukraine and Russia, so we will not retell the latest news and events. We only note that there is always a chance to stop the escalation. However, from the position of game theory in the current situation, it is more profitable to be a pessimist, because you will either be right or gladly wrong. But back to market realities. We have already written more than once that the main reference points are oil and gold. So yesterday, both assets updated local highs. And oil has generally updated its highs since 2014. Which means that we are still at the stage of deterioration. Recall that oil and gold prices have inflated mainly due to the expectation of a war, and its absence is a reason for a serious price correction. Moreover, a serious reason for sales may soon appear on the oil market: negotiations with Iran seem to be moving towards a happy ending. And this, in turn, means an increase in supply in the oil market. The stock market continues to be under pressure. And his future looks very bleak. Even if we are all lucky, and the topic of war is, if not closed, then postponed, which will formally be a reason for rising prices in the US stock market, the attention of the markets will immediately switch to the March meeting of the Fed and optimism will quickly give way to despondency. In general, selling in the US stock market has been and remains the basic trading idea for us.
FX_IDC:XAGUSDShort
by Trade24Fx
On the Rising Oil Prices Patterns and Reasons for SellingWe already wrote that the level of geopolitical tension is now easiest to assess not even by the usual VIX Index (aka Fear Index), but by the dynamics of oil and gold prices. So yesterday, both assets were growing, hinting that we are entering the next local peak. But imagine that common sense has not gone away. He is here, he is with us, and no one is going to start fighting either globally or locally. And after that, let's ask ourselves the question: "How fair is the current price of oil?" Yes, in 2020-2021, OPEC+ confidently provided an imbalance in the oil market in favor of an artificial shortage of the asset. Which naturally pushed oil prices up. Then in the fall of 2021, Europe, and then the world, was covered by an energy crisis. Oil, being a basic energy asset, could not pass by and quite naturally grew in price. The start of 2022 is the most powerful information attack at the global level on the subject of war between Russia and Ukraine. Which is fraught, for example, with sanctions against Russia and its hydrocarbons. Since Russia produces 10+ mb/d of oil, i.e. over 10% of the global supply on the market, the growth of the asset again looks natural and justified. And everything seems to be logical and natural. And under the worst-case scenario, the trends will clearly continue and intensify. But back to the assumption that the world has not gone mad. Let's take the position of optimists. So, in this case, it will be necessary to start at least to remove the "war premium" from the price of oil. And this is over $20 per barrel (see the dynamics of oil prices from December 2021 to the current time). Winter is coming to an end, and the Olympics are already over. That is, the energy crisis is rapidly losing its relevance: no one froze, there was enough gas for everyone, which means that there were fewer reasons to hysteria, to put it mildly. And don't forget about OPEC+. Since August 2021, production has increased by 400K b/d every month. That is, the supply on the market has already increased by 3+ million b/d. This is what we are for. And to the fact that you can take advantage of the current situation and earn. The sale of oil should give at least 20-30 dollars of earnings per barrel. Well, if the pessimistic scenario works out, then there will be no time for losses on this transaction, because there will be more important problems.
TVC:UKOILShort
by Trade24Fx
2
Apple (Short) PositionNow I am not completely sold on going short on Apple. However, follow the puzzle that is the stock market, my guess with negative press on every other FAANG stock, Apple will be the last piece of the puzzle. Something wrong in Apple's supply chain, update backfires, etc. anything can happen and betting that it will. Today, German regulators are investigating Tesla for a malfunction with their autonomous functions in their new Teslas. Why now do German regulator begin their investigation, my assumption is that people in power want to see the FAANGs drop to rebalance the rest of the market to brace for FED interest rate hikes. March is going to be fun. I am short Apple for now (3 weeks), yet I am hopeful the market will hold on but I am prepared for the blood that will be the next couple of weeks. It also doesn't help that crypto market has dropped almost 10% over the weekend, which does not lead me to believe that this week will bring good news in the stock market. I am attaching an article that I wrote earlier today about my concerns of Russia and the United States' high inflation.
NASDAQ:AAPLShort
by chasenlz
Week in a Glance: War, Inflation and the Fed, Retail SalesLast week, the information tension around Russia and Ukraine reached its local peak, since February 16 was the date the US announced the start of the war. Despite the fact that the date has passed without any excesses, the shadow of the war has tightly covered the financial markets and is not thinking of retreating yet. Perhaps the two main indicators of the level of information tension are the dynamics of oil and gold prices. With oil, everything is clear, since 10+ million barrels per day of production are at stake. And gold finally remembered that it is an eternal safe-haven asset, and the demand for it has been increased all week. So if anyone believes in the markets and their ability to respond as sensitively and quickly as possible to the slightest changes in the information field, then here's what you need to look at in order to understand when it will be possible to breathe a sigh of relief. Oil will fall and gold will begin to decline, which means the worst is behind us. But, unfortunately, we start the week at close to maximum levels for both assets. As for the stock market, it still should not be used as a pure indicator. Yes, it is also under downward pressure. But it still has its own separate story in the form of a change in the vector of monetary policy in the United States. And last week, the markets received a number of signals in favor of the fact that the tightening promises to be quite aggressive and very soon. Both the minutes of the last FOMC meeting and data on manufacturing inflation in the US spoke in favor of this. Considering that in other countries, for example, in the UK, the situation is no better (inflation is at its highest levels over the past 30-40 years), as in Canada, the downward pressure on the US stock market can be explained not only by geopolitical risks. At the same time, we note that positive news and an optimistic mood are not in the price now. Retail sales in the US showed solid growth, which turned out to be much higher than expected. But, judging by the reaction of the markets, it was of little interest to anyone. As is the reporting season, which is coming to an end in the US. The upcoming week is unlikely to change pessimism to optimism. The shadow of war, judging by Biden's latest comments, is only getting denser so far. But every day without a fight increases the chances that it will remain informational. In terms of the economy, this week we are waiting for the decision of the Central Bank of New Zealand, which is expected to raise the rate again. And if the comments are aggressive enough, the New Zealand dollar will very likely be in high demand in the foreign exchange market. In addition, there will be a host of less important macroeconomic statistics such as PMIs in Europe or data on personal income and spending in the US.
FOREXCOM:NAS100Short
by Trade24Fx