$PYPL targeting 100-105 from here. It has bounced off the horizontal support zone and it has cleared the blue resistance. More upside towards 100 is next.
2PP trade ideas
PYPL - Reversal Potential (Original Post was on Dec 25, 2022)Original idea was posted on 25 Dec 2022, the post hidden by the administrator because it was using Indonesian Language,
Based in Fibonacci Retracement, current price area is the last support for the downtrend.
This area has been tested on June 2022 where PYPL successfully reverse back in its minor trend.
From the chart, seems that current support area is the combination between trend line and horizontal support from previous low, area $67.58 - $68.51 will be the critical to decide whether reversal will be repeated or not.
OR, current price action will lead the price to major trend line (7% risk from current price).
In the smaller timeframe (4H Chart), candle position is currently below EMA200, Monthly Pivot, and also Quarterly Pivot, so that for trading position, Weekly Pivot solely become our speculative buy decision point. Pivot Point for next week will be at $ 68.53 and last price on Friday Closing is at $69.03, MACD on 4H timeframe also shows Bullish Divergence. $PYPL situation is currently interesting for next week trading.
If the price can stay above $ 68.53, it is possible that the reversal will be repeated and possible continued with ranging proses for accumulation phase, we'll see that next week.
If the Stochastic can breakout from Value 50 Line, you might execute long position.
Disclaimer:
Writer is not responsible for any trading activity by individual who read this analysis.
Writer do not have any position in PYPL when this analysis is posted.
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Currently NASDAQ:PYPL has been up 2.17% from the last price that original posted was hidden by the administrator.
Real World Traders--> A young Warren Buffett would be buying lowPaypal is at a extreme low and perfect opportunity to buy for the long run. BUY LOW SELL HIGH
PayPal is considered a good buy opportunity due to its strong fundamentals and technicals. On the fundamental side, the company has a strong business model that provides a convenient and secure platform for online payments. This has resulted in a growing customer base, as well as increased revenue and earnings growth.
Furthermore, PayPal has made strategic investments and acquisitions to expand its offerings and increase its reach in the financial services sector, which is expected to drive growth in the future.
From a technical perspective, PayPal's stock price has shown a positive trend, breaking through key resistance levels and forming a bullish pattern on the price chart. This suggests that the stock has strong momentum and is likely to continue to increase in value.
In addition, PayPal has a solid balance sheet with strong cash flow, which provides financial stability and gives the company the resources to pursue growth opportunities.
Overall, PayPal's strong fundamentals and positive technical indicators make it a compelling investment opportunity for those looking to buy into the stock market. However, as with any investment, it's important to do thorough research and consider individual financial goals and risk tolerance before making a decision.
Downward ChannelA little outbreak has been sold and the sale is retracing now. As we have fallen back into the downward channel and the ADX shows no momentum I suppose that the attempt to rise will come to a halt. This idea finds support as we could not rise above the resistance line that has been tested since 2020.
$PYPL : A bullish ideaPaypal is trading inside a broadening wedge and i expect a new bullish price action once the wedge is broken upwards. waiting for confirmations..
PayPal Cup and Handle Potential cup and handle pattern set up on PayPal. Needs to stay above $68 and break out from neckline. Target is $122
$PYPL: Reversal signal in the daily$PYPL has a nice bullish trend signal, which could be the start of a new bullish trend for longer than one signal in this timeframe, provided it stays up after the target is hit and the projected time duration of the move pans out, forming a new sideways move near the highs, before breaking out again...
Reward to risk here is very good, so it might be a nice play.
Best of luck!
Cheers,
Ivan Labrie.
[Paypal] bullish untill $180Golden cross and bullish divergence.
This analysis is a trend assumption, do your own research.
2 Open WindowsPaypal has gapped up twice. This means that the momentum has rise so fast that higher targets may be envisaged. According to Fibonacci this is still a retracement of the fall from 92.62(the green dotted line). But due to the high momentum and the growing market sentiment I expect a completion of the Fibonacci targets.
PYPL LongDemand Zone Confirmation
Earning 11/3/2022 reported 1.08
Entry 80.68
Stop 75
Target 92.5, 110
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
what's next for fintech ?PYPL been falling for a while now last year i called PYPL to the dirt and so far they not letting me down so the next question is where is the bottom im looking around $35 right now its having a pull back but how long will this up trend will last ?
$PYPL Short Opportunity$PYPL is bouncing off the bottom of the downwards trendline, RSI and MACD are elevated and both looking to roll over. Earnings not for another month.
PAYPAL: A NICE OPPORTUNITY, STANDING ON A LONG-TERM SUPPORT#PYPL standing on long-term support, looks like a potential bet to enter now.
First target: $100
Second target: $122
Third target (called paradise): $174
PayPal might go upPYPL has formed the Rounding Bottom pattern, which makes upward movements possible, but, what ruins the story is that it is formed below the resistance which makes it harder a bit for it to move higher, but we'll see.
NOTE: Always DYOR, stay cautious to place a stop loss, and trade your own personality.
PYPL | Perfect Entry Point | BouncePayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, and Paidy names. The company's payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 100 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
paypal forecastingPaypal stock.
we see a good oppurtunity in having this stock .
we must take care of the takeprofit and stop loss shown in the graph .
if you like it boost our channel here
QuickTrade Idea n. 258 : PYPLI am Bullish above $78.63 with target at $80.86
I am Bearish below $75.11 with target at $73.56
$PYPL Potential double bottom in PaypalSeeing a potential double bottom in this blue chip name. Remember this was the original Elon Musk / Peter Thiel play
PYPL fills out cup and handle pattern.There is a lot going on right now on this PYPL chart.
In the next few days I'm hoping to see the parallel channel fill out to form the Handle on the Cup&Handle pattern. If this comes to fruition, then likely look towards price action to touch the moving average, as well as the down sloping trend line(Major Resistance). Also noting the bottom of the Cup has, and held on major support levels.
The one thing I will note, the cup is a bit sharp, so not as strong of a signal than a more "U" shape, but with the other factors, this could be a great set up.
Trade at your own risk.
January Gainers (PYPL, account up 1%)2nd gainer in January is PYPL . Holding period is 15 days (12/19/22-1/3/23). Account up 1%.
This month till today, my account is up 1.5%, average holding period is 11 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Paypal Potentially Fully Bled Out Paypal has been bleeding out on H4, but the Rainbow Colors have been consistent as well as the TOP/BOTTOM Signals and the Pivot Supports.
