$PYPL forming a basePayPal is forming a base and will soon retest the $198 level, with good volume this will break above.
PYPL trade ideas
PAYPAL DOWNISDE TARGET WAVE 4 ENDED LOOK FOR 162/154 PYPL seems to finally ending its abcde 4th wave triangle I been waiting to see unfold .We should see new lows and I hope it is on heavy vol to end its declining wave structure most fib relationships are in the 162 to 154 area do not catch this falling knife yet .
$PYPL failure today...All tech is down hard today, but $PYPL actually relatively weak vs the $QQQ as a whole. Unless this recovers hard, looking like I will need to get out and move on. $BA working as planned, don't need to fight the trend if we can recover to at least $192...
$PYPL set upday trading set up and psychology behind the madness trading with @spankdaddybaby support resistance RSI bs and theory
$PYPL 2hr TFset up looks legit AF but not liking the pattern left behind as i feel it needs to come back down and close out purple line 183.13. indicator shows resistance at closing. Noticing some bearish divergence on RSI as well. Good luck to all
#PayPal bouncing on weekly supportPYPL Is looking forward to a strong recovery. We had a nice bounce of the weekly support. A potential gap-fill to the upside is in the play.
PayPal is a strong company with good fundamentals. I believe the current price is not fare and we should visit $200+ channel soon.
I am planning to add to my long position as soon as we break the local downtrend and add more on retest of the same downtrend.
Breaking out with volume ~$225 PTOnce this breaks through the 50sma on the daily, this will probably fill gap at $225.
$PYPL 2022 UpdateGreat start to the year for $PYPL, wanted to get over $190 quick and hold. So far so good, now we need to continue this and test over $200 this week. If we hold over $195 I will be happy as well. Target is a gap fill of the $215-$224 by end of the month.
PayPal expectations for 2022PYPL (PayPal) is at the bottom of monthly correction and from here I expect it to bounce to at least 0.382 fib, or even to 0.5 fib.
However I expect it to go sideways till at least February 10 to complete a small monthly candle.
We can expect turnaround in February-March, but we will see how support holds the price.
The best entry will be at trendline breakout, which hasn't formed yet.
This analysis is more like a discussion/possible prediction, there's no entry at the moment, but there's definitely a possibility in the future.
pypl buypypl buy .. buy above the resistance level and 50ma at 206.23 .. target point next resistance level at 265.74 ...
PAYPAL STOCK BUY (NEWJERUSALEMFOREX)We consider buying this paypal stock because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
PYPL, 2 Hrs NASDAQ:PYPL . PYPL, 2 Hrs Crab Harmonic
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Hourly Chart = Min 1 Month, Hold 3-5 Days
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Nearing Support or Completion on $PYPLHere we have a flat correction finding support or nearing completion in $PYPL. Waiting for a trigger before entry. A safe entry level will be taking out $215.97 impulsively.
$PYPL update...We are still good, nice retest of the $189's and recovered to close over $190. Didn't like the sell off at $194, but we'll have to take it and move on to the end of the week and see if we can break it next attempt.
Paypal OpportunityAfter serious decline it's about time to expect some sort of pullback. I mean a drop from 310 to current prices must trigger new wave of inverstors entering the market, as low levels are attractive for those who missed out.
It's already inside demand range colored from blue to green. Overall I qualify this as buy. However we know that markets are unpredictable, hence I deduce that there is a slight chance of falling further even a little bit.
That's why there is a "safety pillow" light green Demand MA's that will reverse the market at higher chance than current DSMA.
Now it's been quite a while that price is testing white dotted support line, the longer time it takes for price WITHOUT CROSSING below the line, the higher the chances get for market reversal without another drop.
A breakout of triangular shape is the signal of thinking about long entry.
waiting for the breakout confirmation ✅paypal definitely bottoming out here, but it hasn't done much since creating the most recent higher low.
waiting for a confirmed break past 198-200 and then I will add some weekly calls.
price targets once we breakout: 216.46-253.69
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PAYPAL - 3.6 R:R Simple trading ideaTLDR: $250 call EX. 1/21/22 or going long Paypal shares @ ~$188, S/L $171.60. 3.6 Risk to reward ratio.
Lately there has been a lot of chatter surrounding Paypal due to being extremely oversold on high time frames. I took a quick look and the very first thing that caught my eye was hidden bullish divergence in the high time frames. Just for fun I thought I'd come up with a very simple weekly trade idea based off of that.
Let's take a look at teh weekly:
Paypal has finally entered oversold on this time frame. That means a bounce is coming soon, potentially even as early as Monday. Looking at price we can also see that Paypal has broken below the $200 zone which was previously strong resistance. From the September 14th low of $176 to where Paypal is now, the RSI is showing a lower low while price is showing a higher low. This is hidden bullish divergence. Therefore, somewhere between $204 and $176 is likely where it will reverse if only temporarily. The next hidden bullish divergence target would be $86 so I find it incredibly difficult to believe it will dump that far.
Let's take a look at the 3d chart:
Directly in the middle of the $204 and $176 zone, we have the 3d 200 moving average at $188.82. This would be a great area to open a/this trade as 200 moving averages are usually extremely strong pivot points.
And now, the simple concept for this entire idea, the daily picture.
It took Paypal 21 bars (29 Days) to drop from the $250 zone to where it is now at $193.61. So a very simple (test) trade concept here would be to just double the time it took to get down this far for it to go back up. Therefore, this trade idea is specifically meant to succeed within 42 bars. (63 Days)
The trade is quite simple. Going long Paypal at ~$188/$190 via shares with a S/L @ 171.6, or buying a $250 call expiring 1/21/22. Current mark price of that call as of Friday's close is $1.38. (Fair warning, due to the 2M/3M time frames, I don't at all see the $250 strike going ITM within 42 days, but I do believe there's profit to be made.)
If worse comes to worst and the $176 zone breaks, the next (way too obvious, IMO) area of confluence is around $145/$150:
$PYPL consolidating...Pulled my bullish positions together into a $200 1/7/22 call at $1.80 and grabbed a few puts to cover. Waiting for this to make a move, but it is turning into a crowded trade.
Bullish CrabPossible stop below D of this pattern.
Price landed at the 1.618 but there are some candles of indecision today.
No recommendation
$PYPL | WEEKLY WATCHLIST 12/27$PYPL 1W
Possible we get a small wedge breakout towards $220-225 this week. However afterwards, R/R favors the bears and we may be in for another leg down to complete the major corrective wave 2. Lots of uncertainty still so be sure to wait for confirmation either way.
