paypalgapfill bounce play ahead............................................................................................................
PYPLD trade ideas
Stock to watch this week 21/11/2021Stocks to watch.
Code: PYPL
Market Caps: 227.47 B (Ranked 48 globally)
In the current uptrend, the price peaked on 12/2/2021 and is trending back.
Stage 1: Price retraced to Fibonacci 0.5 - 0.618 and bounced up but still could not break the old peak. Therefore, the price needs to find stronger support areas to continue breaking out. (224 - 240 USD)
Stage 2: price retraces to the old peak, reacts very weakly and is trending to break the downward top (USD 208 - 216).
Stage 3: Old bottom (172 - 185) This is a potential price area to accumulate a good stock.
The RSI D1 has dropped to 21.47, the last time we saw the RSI to this low was 3 years ago (October 9, 2018).
Potential price target is Fibonacci 1.27 : at $346.
Paying for PaypalPayPal is approaching the 382 support after selling off within the broadening wedge pictured.
You can see how price has wedge into the top and sold off somewhat twice on chart's past.
As we near the 382, I expect bulls to favor the price and short sellers to want profits.
This is short term analysis given the wedge may need to fill the bottom to the 618.
If support breaks the 618 below is target for bears.
I want a 236 retest but will let chart control my opinion.
Not trade advice.
$PYPL - Has never been oversold this much since IPOLong term investor should Dollar Cost Average.
200Day moving average is imminent.
PAYPAL Short-TermPaypal formed AB=CD pattern and might rebounce from resistance to achieve T1 and T2 on short term.
$PYPL borrowing an idea...I have been missing my plays lately, so going to borrow an idea from a respected Fintwitter, @jpatrades . Low risk/high reward potential. $230 12/17 calls for Paypal. I'll be trying to find a few new tickers next week.
Paypal Shark Pattern Long-TermPaypal formed a Shark pattern and close to stop loss, needs to close above $197 to rebound.
pypl long positionHello everyone
this chart about pypl market
and this show us we can buy it near 194 and hold on 264
Bigger Correction formingA bigger correction like the one before is coming again.
I expect this company to continue correcting in the next few months with a bias of the company thereafter continuing is upward trend.
The pattern formation is an expanding triangle which is a continuation pattern.
Good luck. Use the link herein for the black Friday coming next week and enjoy great discounts www.tradingview.com
PayPal - Short Term BearishGreat opportunity to buy PayPal share.. the stock is heading downwards...It will rebound to 210 price range and drop again to 195 range which will be a good buying opportunity. This is a long-term investment. Let me know what you guys think
PayPal OverviewFor my own purpose!
For my own purpose!
For my own purpose!
For my own purpose!
For my own purpose!
big area here, paypal must bounce to remain bullish!!!🍿make it or break it spot for pypl, needs to hold this trendline support it has bounced off 4 previous times! if we break we can continue dipping to 175s. target 300+ if it holds as expected.
goodluck! like and follow for more :)
macro trend in effectThis strong trend has been in place for a long time. If broken, vol shelves may attract the price to fill their voids. Keep in mind that the largest volume gaps are lower in sp
Does legendary Elliot like PayPal stock technically?Beside Elliot Wave which is hugely, in favors of buys on this stock. The relative strength index (RSI) of 38 implies PayPal’s stock is a lot closer to oversold territory than overbought territory. By 10 November the RSI has dropped to 22.55.
It would be understandable for investors to want to take advantage of the recent weakness, especially for long-term and patient shareholders that can wait out any near-term weakness.
A quick reversal could result in PayPal’s stock soon testing the $290.00 level and then the $300.00 level. If the rebound is swift, investors will be looking for PayPal’s stock to test its all-time high of $310.16. On the other side, bears will watch if the stock breaks below the strong support at $270.00. It it loses this level, the next support level to watch is $264.00
Please note that the consensus estimates and recommendations are provided by me who dont have the time to track the evolution of the company’s fundamentals over time. They should not be taken as investment advice. These estimates are a reflection of my conclusions and views. They could be wrong. Investors should do their own research before investing in PayPal stock or any other company.
