Mirror pattern on $PYPL continues to nail itMirror pattern on $PYPL that I have been posting here continues to perform. Has expanded in time in a bit over the last month.
PYPLD trade ideas
Buy Calls - Set alerts, price still droppingThis is definitely a chart to keep an eye on. Set alerts and start with a very small position in case price moves below 90. A swing trade will work well because there could be a pop or drop overnight. If stock moves up significantly in one day I will take profits and look to reset.
I am looking at daily RSI, and I see Bitcoin possibly ready to break lower (not confirmed), and hence I am going to wait for price to move lower. I am not sure if 90 will hold.
Close but not quite readyPaypal is down 65% from its ATH last July. It's now flirting with a supply zone that stretches back to 2017. While I'm seeing Bullish Divergence here, I'm also seeing a downward sloping trendline that makes me think we might see one more sharp move down (into the supply zone) before establishing a bottom. If you're a long-term investor, this could be a great place to start building (or adding to) your position.
-Mercury
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These are my personal views and not financial advice. Please do your own research before investing.
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$PYPL: Buy here...Risk is small.Paypal has finally acted like it is forming a bottom, after a long and bloody decline that drove it down 70% from the top. I think the market is going to produce a substantially big relief rally, similar to the move that took place in the year 2000, from May to September back then. Equities then proceeded to roll over steadily, after triggering a monthly timeframe Time@Mode down trend signal. Sentiment is extreme and people have finally panicked enough with rising oil and the war in Ukraine situation, to the point that I think a rally will catch everyone offside here.
Best of luck,
Ivan Labrie.
PYPL this stock is at 100 again can you believe itIf you buy this stock for the next 3 years im thinking 90% chance you make money. There is no way you can get hurt at these levels if you invest for the long run.
PYPL Comming back for entry?PYPL Comming back for entry into demand zone.
Look for entries on LTF afer validation.
Use Stop-Loss (red line)
PayPal (PYPL) ... Time to take a Loan ??
Until recently (March 2022) PayPal had given back over 70% of its gain from the March 2020 low to the Feb and July 2021 double tops.
Since then its rallied 3% then given back a third of that.
A possible bottom is in the process of forming over the past month as evidenced by current Harmonic and momentum patterns
Elliotticians might also view the current wave structure as favorable with a $140 C wave target.
A long position is shaping up. Targets are marked with a suggested 2:1 risk reward ratio from Thursday's close..
My stop is a .786 retrace of March/April 2022 range. Aggressive traders could use that low.
You must note that PLPL earnings are scheduled for April 27th .
So worth watching in my opinion, if your are market constructive.
Not financial advice. As always do your own due diligence. Respect world events, sector and broader market conditions.
S.
PYPL reaching a descent support after a long down trend
red candle closed near the level
best move : wait for the next candle to form . make your move depends on if it broken the level or rejects it
personal opinion : 75% chance will see a rejection from the level and a steady after it will follow
Price is Fractal - smaller mirror within larger $PYPLPrice is fractal - here is another potential mirror pattern within larger mirror I have been posting about in $PYPL
PYPL - Upcoming long trade After the crash in early February, the dust has now settled and Paypal NASDAQ:PYPL has disappeared from the newspapers.
Important: Based on the price action in the following days, we will announce a long trade for our subscribers. Stay tuned!
Even in various investment forums, Paypal has become uninteresting, it seems like the majority of investors have focused on other stocks.
This is a common signal for a stock that it potentially reached its bottom and that the longterm trend begins to shift.
Furthermore, we can observe large transactions by banks and insiders, who almost without exception have increased their positions in the last few weeks.
The behavior of large investors can be observed on the following page.
whalewisdom.com
We provided investors with detailed articles about Paypal in the past and are excited to do the same in the future.
Technical explanation of the Elliot Wave structure:
In our last article we expected a corrective surge in a wave (iv). We have now changed this expectation and assume that we are already forming a bullish wave 1-2 setup.
After all, the price was able to surge more than 33% since its low at $92 and a promising reversal signal has formed in our indicators.
We observed that paypal formed a complete 1-5 wave structure in it's wave (i), which also supports a bullish reversal.
The price has now established a small (a) and an overshooting (b) wave in the last few days. Now the wave (c) should move towards $104, where the important 61.8% retracement is located.
In this area, the price should stabilize and wave 3 should start.
If the price makes it above the last high of wave (i) at 122.79$, the price target of wave (iii) will be unlocked. We expect that wave (iii) will easily reach $153 or more, depending on the volatility.
The movement of paypal has to be observed very carefully to spot possible changes in the chart formation.
The important support at 92.28$ must not be breached, otherwise the bullish wave 1-2 setup is invalidated. Likewise, this would mean that the price would establish new lows below $90.
Disclaimer:
According to legal regulations, Mendenmein-Capital is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk.
Mendenmein-Capital cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence.
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.
PYPL CFO leaves for WalmartAfter this bounce to the resistance area:
The CFO of PayPal leaves for top finance job at Walmart.
This could trigger another stock sell, the price target being $93.
Looking forward to read your opinion about it.
$PYPL Key levels, Analysis & TargetsPYPL Key levels, Analysis & Targets
Price to test Fibo 88.7 - 94.2% (Fibonacci green).
But if the price falls below the support price of 81.86 ,the test price Fibo 88.7 - 94.2% (Fibonacci red).
How To Become A Profitable Trader: Part 2Hey guys! In this video, I talk about building a trader mindset. This isn't meant to be a marketing term either, I truly believe that Traders see the world differently, because all we do all day is calculate risk and reward, bat rate and win loss. Expected value is the holy grail.
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Hopefully now you have a better awarness of the types of trading that take place, and principles and supply and demand and mispricing that are key to effective trading.
In the final videos, I will talk more about risk control, as well as some concrete strategies that I think people should consider using. I've seen them build fortunes before, and I don't see a reason why they shouldn't work for you.
This includes:
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Spoiler alert, there isn't much about short term trading, because generally I don't think you should be doing much of that. That said, I do give some tips there as well for those willing to brave those wilds.
Cheers!
-AW
PAYPAL NEEDS CPR AND A QUICK RESURRECTION!I am holding bags in a position in paypal and boy did I screw up on this one... Well, the nice thing is that paypal is showing promise and some type of life again. It is breathing and looking to come back. Minor gains of 30% in 30 days is showing signs of promise and gains. Is this a long term hold for me?? Definitely not!! I don't want to tie up my money for 5 yrs only to see a mediocre gain with so much risk.. So once I hit 131 I'm pulling out of this horrible nasty dead stock. Watch my TA video for all the details and give me a thumbs up and subscribe if you like my honest transparent videos even the ones like this one which are not making me any money! LOL
Disclaimer
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.
PYPL target 140-150Very nice declining volume saucer or maybe even inverse H&S here. MACD turning up. cracking through 125 opens the door to 140. possible gap fill to 150, but probably not this week.
Adding again to my PYPL long positionI think we're getting close to a bigger bullish breakout in PYPL. Adding to my earlier positions.
top view analysis - COIN, FB, PYPL, SAM, SQThis Video covers general views of the above tickers, TOP view analysis (longer term charts) Weekly and daily.
Growth Capped by the 50 Day Moving Average These are 6 randomly selected growth stocks that have been hammered and just rejected off the 50 day moving average yesterday.
Watch for the downside trend to continue in these stocks until they're able to at least breach the 50dma.
The question is do these stocks make higher lows (if the downward trend continues) or lower lows?
IMO if you are a trend follower, you should avoid any stocks on the long side if they look like this (unless you're trying to day trade a bounce).
PyPl isn't bearishI believe that after a hard bear flag, such as seen above that with such a good company with the recent acquisition of square. It will float around this range for a while before it goes up. I'm confident in it going up because more and more I'm seeing contactless payment as an option the more places I visit, not to mention Paypal also has a good history with being used on almost every digital marketplace. Many people also could argue that covid was just a surge for every stock and that some have to drop. I do not because I believe that when everyone was stuck inside many people became aware of incidents such as Gamestop, bitcoin, and many other mentionable stocks/cryptos. With this, all I'm trying to say is that investing has become HUGE, it is more accessible than ever, and it's also paving way for the youth such as Florida's recent bill being passed to REQUIRE students to attend financial literacy to GRADUATE high school. In the future, I plan to seldomly post bear content because I don't like the patterns, and don't have the time for more than one field of financials lol. (sorry for the rant, trying to set a mood for my page and people who see my ideas.)
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Cheers to financial literacy, and let's GET THIS MONEY
PayPal.....2022-03-31.....Confirmed buy-signal!Hello Traders,
during yesterday's session, PayPal has confirmed the buy-signal, latter week ago.
It runs above the 120.- resistance and close at 121.18 (@Tradingview)!
From trader's view, we face following opportunities.
The high was a wave 1 of a new impulse or it. In this case, a corrective setback is in the cards for the next days, or it will run through new highs and finish the correction at $92.35!
What makes me a bit „patient“ is the volume. Yesterday's move was not confirmed by a massive volume. So this is to watch in the coming one or two days and has to follow.
Any „long-position“ has to be protected with a „stop-loss“ @ $91.35!
Any trading above 111.- will opens the door to ³126.-. More bullish potential exist.
Have a great day....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
PYPL pennantPYPL looking bullish. Nice pennant formed on the daily with strong support established. No reason this shouldn't rip from a technical standpoint. Once the pennant breaks to the upside I'd expect a move to $118 and then $124-125. Volume profile looks really good, not much resistance above $118.
