$100 soon?Its back to its growth line sitting right on top of it. It can bounce here and hit 100. Happy swing trading !!!
PYPL trade ideas
Symmetrical Triangle PatternThe chart shows Symmetrical Triangle Uptrend, this situation occurs when the buyer and seller lose momentum and the market moves sideways and the price movement is getting smaller and smaller. In this situation I see a symmetrical triangle pattern occurs in the uptrend market and expect the price to breakout upwards.
Symmetrical Triangle PatternThe chart shows Symmetrical Triangle Uptrend, this situation occurs when the buyer and seller lose momentum and the market moves sideways and the price movement is getting smaller and smaller. In this situation I see a symmetrical triangle pattern occurs in the uptrend market and expect the price to breakout upwards.
Symmetrical Triangle PatternThe chart shows Symmetrical Triangle Uptrend, this situation occurs when the buyer and seller lose momentum and the market moves sideways and the price movement is getting smaller and smaller. In this situation I see a symmetrical triangle pattern occurs in the uptrend market and expect the price to breakout upwards.
Support & Resistance Pattern For PAYPALChart show the Support and Resistance pattern prediction. I enter the market as a long position, where I buy at the lower price and I predict the price has the potential to continue the uptrend movement and cross the resistance level to get a profit. So when its cross my target price at resistance level, i will sell the stock and exit from the market as a profit.
Descending Triangle Pattern This descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
Descending Triangle PatternThis descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
Descending Triangle PatternThis descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
Descending Triangle PatternThis descending triangle applies where the price stays at the support level but makes a lower high. it is likely that the price will break the resistance level.
PYPL Return to Major Trend LinePYPL has seen heavy descent from its ATH
However it still has a long term trend line intact (solid white line)
This point aligns with 0.382 and should be treated as a bottom point for PYPL
Paypal ponziI wouldn't trade this stock at all the fundamentals are questionable at best and the TA looks horrific. Trade groups love to manipulate stocks with little actual value or future because the price can easily drift away from reality and turn into pure speculation. Reality is we could see this stock get short squeezed before its ultimate demise like G. Paypal has no long term future other than being acquired by its competitors possibly.
Long term bear v. short term bull for PYPLClear 5 waves (of a high degree) down + declining technicals suggest more pain to come in the years ahead.
However rebounce to 100+ in the short term should also be very doable.
The 0.618 retracement from ATH is hard to ignore, weekly RSI closing above 24 will confirm the positive divergence.
Wait until the OpEx dust settles on Friday and we should be good to go for sideways to up in the next few weeks/months.
PYPL - Time To Buy The Bounce Indexes - specifically SPX and NDX look ripe for a bounce here and so I have scoured through many charts to find one that has an ideal setup for a bounce.
And so I have chosen PYPL as my favourite and also ROKU as a second choice. There are a few others that I may cover - ADBE and WBD, but I probably won't actually trade those.
Anyhow PYPL is my favourite because -
Its had an enormous 77% collapse.
It has a clean 5 wave impulse with tidy fibonacci. The most relevant is the 0,1,2 1.618 extension which I think is the anchoring fib @ $81.34 and the short range fibs cluster in this area.
9 May weekly hammer and on on the daily there is a morning star candle pattern with gaps wither side.
The wick of the weekly hammer forms a shakeout reversal pattern through Oct '18 support.
Back to indexes and both NDX and SPX are hovering around their 1:1 extensions and if both close above they will close "green" for the first time since March top.
And around the 1:1 fib, a wyckoff accumulation appears to be printing with BC Buying Climax striking the fib and then ST Secondary Test forming a shakeout reversal pattern with the wick of the hammer.
NDX weekly RSI has fallen below the lower band for the first time since 2008!
4H RSI has hidden then bullish divergence coming in.
All these factors add confluence to the potential for a bounce here. If this week's candle does close "green" then I think good chance next week's will also.
And while NDX is in apparent indecision PYPL has been holding the $77 area since the bounce. With price moving sideways, there should be a good chance it is ready for a bounce.
On the 4H chart the low is a hammer and I have placed my stop loss below the hammer + 4H ATR $2.67 = $69.18, to give a little room in case there is a double bottom before moving up. In future with a bit more experience I may use a tighter stop loss to hold a larger position but this will do for now to give it every chance.
And so this is a trade with defined risk of 1%. If it does bounce then I think my target will be the 0.618 $177 retracement where there is also resistance @ $172.
It may also be an idea to wait till next week or until PYPL gets back above the 1.618 @ $81.34 but I think i've seen enough and would like to catch the initial pump. Being early means less potential loss and more potential gain, but with less confirmation adds difficulty. Time will tell if that was the right decision or not. I think it will be but we'll see.
This is a 10:1 RR trade.
Not advice.
PaypalWe expect a higher degree of buyers holding by the pattern of continuation.so we buy in average term
paypal signalhello everyone.
this share will hit 92-96 soon. so open your long position at current price or 77 and then your tp is 92 - 96 and stoploss is closing a H4 candle under 68.
there is a lower possibility to break 92-96 and go to 123 but i dont guarantee that.
dont forget risk management
good luck
PayPal to the nearest targetPayPal to the nearest target at $ 115 and then the 6-month mid-term target at $ 178-180
PYPLWeekly TF suggest that the price is resting at a multi year support sloping TL. SHORT when the TL gets broken with full force
$PYPL Key levels, Analysis & TargetsPYPL Key levels, Analysis & Targets
Price comes down to test at Fibo 78.6 - 88.7%
,and Time frame day born " Bullish Divergences " in MACD & RSI Indicator
Paypal story Looking through my watchlist I think I discovered a handful of opportunities for long-term investment and many of them in the payment system industry.
Long PYPLBuying at 80 on the 76 fib. Have a good support and have early signs of possible holding. Tight stops. 76 breaks suck.
