PYPL [LONG] DCA Looking a great level for PYPL - green rsi/market cipher/red money flow + positive divergences.
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PYPLD trade ideas
Pull Back Fishing A lot of Patterns!Holy Cow! Took me forever to do this chart!!!!
PYPL fell out of a rectangle and has hit targets 1, plus a few dollars more, to the downside. It is hard to guess with market volatility, whether this will bottom at 180.50 for now which is very close to the 1.618 of the possible Crab that could be forming. If it actually hits the 1.68, it would be a few dollars below 180.50 at 177ish. Price does not always hit the exact place the fib levels fall for any pattern, including harmonic patterns but is nice when price hits it close. It is not a perfect world though. Sometimes folks look for an area of confluence close by the fib level. The bottom before 180.50 is 174.81. If 180.50 does not hold, which it may not, I always look to the next support level or pattern targets levels. I am waiting and watching this closely and setting alerts a long the way down.
There was also an ugly top and the white line is a guesstimate of where the ugly top could go. So far PYPL has broken the bottom trendline of a Rectangle and had also formed a head and shoulders top/ugly top and broken down through the neckline of an ugly top.
Deliberation is a candle pattern where either the red candles get smaller and smaller showing less selling pressure, or green candles at the top get smaller and smaller at the top showing less buying pressure.
If the market decides to hail again, this may likely go even lower. There is a lot of resistance overhead and folks who are stuck up there will sell on any and every rally. To reach targets 2 (in small print above the rectangle) for the possible crab pattern, price would have to break the resistance of the top trendline of that rectangle. I know this chart is probably confusing and apologize as i prefer keeping it simple and clutter free )O: William's Alligator indicates a downtrend still in progress.
No recommendation.
Before Buying Or Selling, Ask Yourself Three Questions..."
- Does hitting my hand with a hammer help?
- What was I thinking?
- How do you get a tan with a flashlight?
(o:
Paypal. Hammered as of late but is it time to buy the dip.Off more than 35% over the last few months and infact down on the year, this appears to be a dip that should be snapped up. The RSI has never been so oversold on multiple timeframes. The fisher is in extreme lows and with the price placed nicely on support. The recent fall has also made a bullish crab. Targets of 234 + 288 then will reassess.
$PYPL with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $PYPL after a Negative Under reaction following its earnings release placing the stock in drift D.
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PayPal's Fans, your Grand Elliott count is here one hell of rideThis one of my best probable counts for PayPal. W3 is the strongest wave of them all, and if my count
even remotely correct then we could/might see 300ish next year or so !!!
Paypal Bullish Shark Pattern at SupportWe might see a nice bounce from Paypal within the coming weeks but i don't expect new ATHs i expect a lower low then for it to come back down to make one final lower lower later on but for now i am quite decently Bullish as the MACD is showing Bullish Divergence, The RSI is Oversold, The price is at Old Resistance, and the Volume looks somewhat like a Selling Climax so lets atleast get a correction back up to the $200s then we can talk lower lows if it shows weakness there later.
PYPL Key Levels and Thesis PYPL has traded back down to its consolidation zone from August-October 2020. In theory the stock could re-auction in a similar zone of 174-203 as the market gets hit. However, if PYPL continues to trade lower a test of the gap up from 138 would be the next stop. PYPL has done well in expanding their business model with integration into crypto and buy now pay later systems through their acquisition of Paidy in September. This acquisition and miss on revenues could explain the near term shift in the stock. That being said, the costs of crypto integration and acquisitions are only a near term issue. The past few months, strength from value stocks and a recovering dollar has pressured growth stocks such as PYPL. Despite this, the stock is poised to recover swiftly when a second tech rally plays out. Some topside levels to watch are 216 where the stock could see some overhead supply after a gap down. Another level to watch is 251. A close above this level would give me confidence for the stock pushing into ATH’s.
Respect The Pullback In PayPal Holdings (NASDAQ: $PYPL)PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards, as well as digital wallets. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
PayPal (PYPL) AnalysisPayPal has reclaimed a nice trendline
On this chart two points can be compared that are very similar
The first point ends up with bullish continuation, hence we can make the assumption that the second formation, due to it's similarity will act the same
Key comparable areas in corresponding colours.
$PYPL sitting and waiting still...Continues to consolidate, no movement yet. Still waiting on a move to either direction...
Be ready for long PaypalI am waiting on a 30-40% price bounce:
✅ We are in the price support zone: 174-200$
✅ oversold
✅ "OK" last Earnings & Revenue report
✅ Huge volume on this dump - reallocation of an asset.
- Buy as close as you can to the 175$ support line. The Second Buy zone will be near 200MA 150$ for today.
PYPLIf you're anticipating rotation back into tech stocks, PYPL is at a good spot to start loading up imo.
PYPL, Crab PatternPYPL formed the harmonic crab pattern. I think it is a good entry level now. Don't forget to use stop loss.
PayPal - it's time to buy?PayPal is a great growing company that each of us knows. While the inflated negative background of the future is weighing heavily on the company, it may not come true. At the moment, the share price has corrected well and approached the previous accumulation zone, where you can start buying them. The shares are also strongly oversold. For myself, I noted two scenarios from the current setup. But I don’t believe in testing the 120 level yet, unless there is a strong correction in the entire market. But have money on hand.
Opportunity arisesI've bought call option on this one today. I'll probably buy more as we dip closer to the support point at $180. Strike price $400.
$PYPL still waiting...Showing relative strength today as well, still waiting for a real rebound. Sitting on some $330/$360 12/17 call spreads at $0.30, if we get a solid move next week I will close out
PYPL BOTTOM ?There is a wolfe wave setup on the Daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 287 which is expected to reach this price target at the apex which is in March post earnings. There is a gap at 211 to keep in mind.
The market rewards the patient investors Look out for these 2 price levels to accumulate or buy if you have not !
$PYPL LONG: Looks to have put a short term bottomChart has been beaten down badly recently. Heavy inflow and buying the past few days towards close of sessions.
The chart can still go low 170s if the market is weak, but the R/R is great here
PYPL ANALYSISI believe that price is currently ranging between support and resistance. News could push it in the upward direction but i would want to see it come down to touch the support line as outlined by the red drawing.
