$PYPL Potential double bottom in PaypalSeeing a potential double bottom in this blue chip name. Remember this was the original Elon Musk / Peter Thiel play
PYPLD trade ideas
PYPL fills out cup and handle pattern.There is a lot going on right now on this PYPL chart.
In the next few days I'm hoping to see the parallel channel fill out to form the Handle on the Cup&Handle pattern. If this comes to fruition, then likely look towards price action to touch the moving average, as well as the down sloping trend line(Major Resistance). Also noting the bottom of the Cup has, and held on major support levels.
The one thing I will note, the cup is a bit sharp, so not as strong of a signal than a more "U" shape, but with the other factors, this could be a great set up.
Trade at your own risk.
January Gainers (PYPL, account up 1%)2nd gainer in January is PYPL . Holding period is 15 days (12/19/22-1/3/23). Account up 1%.
This month till today, my account is up 1.5%, average holding period is 11 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Paypal Potentially Fully Bled Out Paypal has been bleeding out on H4, but the Rainbow Colors have been consistent as well as the TOP/BOTTOM Signals and the Pivot Supports.
PayPal touches SMA resistance - Analysis PayPal Holdings' stock (PYPL) rose in the intraday levels, while trying to correct the main downward trend in the medium term, touching the resistance of the 50-day SMA, with positive signals from the RSI after reaching overbought levels compared to the stock's movements.
Therefore we expect the stock to return lower, targeting the pivotal support of 68.50, provided the resistance of 89.30 holds on.
Paypal stock in a final bottoming processPaypal stock appears to be in the final bottoming process of its bubble crash pattern. While I personally have not owned or traded this stock since July of 2022, the time cycles on the chart have not been changed since that time, and yet continue to show accuracy.
The larger red cycle is a zone, and if the stock pulls back a bit just before earnings, I will be tempted to average in since I missed the smaller white cycle trough that just passed which led to a $10 parabolic squeeze already.
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.
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.
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