Gaining MomentumPaypal has failed to rise from the June-July support but has broken through with increasing momentum. This may become a strong new downward trend.
PYPLD trade ideas
Regular January Collar on PYPL Can't lose on this trade from here. :-) :-)
Buy low, sell high.
This is regular January expiration. WE STILL have one more day of Theta on Jan 16th also...
PYPL getting a little buy worthy This is one I got put more shares of. Linked to this idea. I really like these 2 candles and this support. Some decent strength here. :-) Plus I still use PYPL often and I know exactly how they make money and how much data they use.
Put sale on PYPL HUGE gap up and fade day. This put sale has 3 days to expiration. :-) I really am not scared to own shares at $70
GOOD long term buy area. I want some more shares here.
PaypalessLooks like a big HNS or inverse cup and handle, can take months to play out tho and can go higher from here to build the right shoulder more. See BTCs chart.
PYPL DivergenceHave we touched a bottom? Or are we closing in on a bottom. RSI Divergence with price action. Will see if a reversal breaks out after price touched an area of previous resistance.
PYPLNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Bottom?We can see the attempt to build a bottom at around 75.70. This level has some relevance at least since July when it was a temporary top at the begin of the month and was tested from the topside at the end. It has been serving as a support for 1 month now. At this level always new buyers come in and on the 7th of November we could open a window after the attempt to fall below this level the day before. The support has been tested several times and proved to be important enough to risk a little long position.
PayPal reached bottom (or very close) !Enter at $68~ with a stop loss at $64~ looks like a pretty good bet.
Fundamental + technical analysis at this price gives it a value score of 94 (strong buy).
paypal updatewe are in wave E of contractionary reverse triangle , and $120 as target of this triangle ,
below $67 this analysis can be failed
PYPL PayPal $2.5K fine for users spreading misinformationIf you haven`t sold PYPL at $171:
or reentered at $68:
Then you should know that PYPL PayPal has removed the policy that would have fined users $2.5K for spreading misinformation.
PayPal said the issue statement was a mistake and denied this policy.
I think it was a "mistake" that will lead to multiple accounts closing and because of that I just downgraded PYPL to $69.
Looking forward to read your opinion about it.
PYPL 9/23/2022PYPL
Lol Paypal? More like sorry pal!
This one took away all the Covid gains and some!
Topping out at around 310, PYPL now finds itself at around 87.00.
The Covid uptrend started on Apr.’20 at around 107. It moved upwards for 461 days reaching it’s peak of 310.
From its peak, it only took the downtrend 205 days to take price from 310 back down to 107!
You gotta love shorting and downtrends!!!
Seeing a lot of double tops lately.
After finding support at 69.75, price bounce and broke above the 50 ema.
This was very significant since price has been respecting the 50 ema throughout the entire downtrend.
Price went on to form what looks to be a Double top pattern with a neckline at 91.15
It has now broken below the neckline and back under the 50ema!
The breakout above 200ema is deemed a “false breakout” and price will look to continue it downtrend and respecting the 50 ema.
Will be entering trade short and taking swing to previous lows.
Entry: 86.86
Stop loss: 100.20
Target: 70.38, +18.97%, 1.24 RR ratio
PYPL Target TradingPYPL has some gaps to fill to the upside; this is a risky trade because the ticker has not yet shown strong signs of reversal, however we are close to a double bottom and the RSI shows a slight bullish divergence.
#TheTradeSchool
PayPal (PYPL) ... 3 PossibilitiesPayPal (PYPL) managed to return 30% in the first half of November 2022 and then gave it all back.
Obviously going forward there are three possibilities:
a) PYPL-Breaks dotted red line and traces out a Bullish Butterfly pattern with its point D being ~ $64
b) PYPL-Holds Bat D ~ $71 and traces out the same targets of the old Bullish Bat Pattern.
c) PYPL-Continues sideways
While we will most probably be hostage to J Powell and the Fed bullies until next week,
I would presently handicap the probability of each outcome as:
A) 30%
B) 55%
C) 15%
No position here...I'll let the price action direct me and get back.
As usual this is not investment advice... do your own due diligence!
S.
#PYPL: moment of truth?Will PYPL bounce at this resistance level?
Next weeks will be crucial to understand future direction of paypal.
Paypal potentially bullish from hereThe end of wave 2 could be in and a move up could be starting now
Classic Cup & Handle Pattern On PYPLHigh probability that PYPL trades higher in 2023 towards $120 based on a weekly cup and handle patter.
Note: This is not financial advice. Consult your financial advisor before doing anything.
Info: If you’re looking to up your trading game through expert guidance, come trade with me over at InTheMoneyStocks.com! Info about our different memberships can be found on the website. Links in bio to take you directly to our sites! Feel free to msg me for any more info, will respond to all followers as quickly as I am able!
PayPal: Below Deck 🚢Paypal is currently following a downward trend below the resistance line at $93.52, where it should stay until the overarching wave II is completed within the grey target zone between $66.16 and $34.93. Thereupon, the course should turn back North and recover to continue its movement further above the $93.52-mark.
PayPal | Bullish Trend | 4 Hr | 25/11/22
PayPal is entering in Bullish trend as signs of trend reversal are appearing.
It is not a financial advice.
PYPL: A classic Descending Broadening Wedge!• PYPL is doing a Descending Broadening Wedge in the weekly chart;
• This week it went up almost 20%, and it is in a key resistance area, made by the upper purple trend line and by the 21 ema;
• In theory, PYPL would correct next week, however, if the bullish momentum persists, PYPL would break this Descending Broadening Wedge, and in this scenario, the next resistance is the $122 (green line);
• The volume is increasing, which reinforces the idea of a breakout;
• For now, let’s pay attention to this resistance area.
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$PYPL with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PYPL after a Negative over reaction following its earnings release placing the stock in drift C.
Waiting is a strategy!Read news here .
I believe price may hoover side ways for a while or continue to heads south some more so there is no hurry to scoop it up at the moment. Just wait and see.
