PYPL trade ideas
PyplMinor cup and handle inside a major broadening wedge..
Weekly 21ema and 20 are both at 70$.
Over 70$ and I like PYPL to close earnings gap at 76$
$PYPL - Could be a reversal if FedNow is priced inNASDAQ:PYPL #PayPal is forming cup and handle inside a descending wedge. It tried 2 times to break through $70 resistance which is the neckline a prior support area. Breaking above $70 would be bullish. Breaking below $62 would be bearish.
Gap to be filled at $75. $75 will be a hard resistance to break through.
Breaking down below $59 would be really bad and it could potentially head to $47-$45 area.
Bullish Targets - $70, $75, $90
Downside risk - $60, $45
ER is on Aug 2nd which could co-inside with the trend line resistance area.
There is a threat of FedNow looming over both Paypal and $SQ. Also Buy Now Pay Later business side is under threats as more and more big players entering the space.
👀ing for now.
PYPL I set this channel range and price point pivot macro focus to the supply. I set a curve channel to focus the movement of accumulation till the red line date vertical line. This green zone is your trade zone as you see you can test up to the supply 174 to 221 but in due time. if there is a potential breakout it can happen within the rectangle focus. Watching the build up and waiting for a double bottom to a lower low spring action for a break out of this accumulation range. We shall see if we break the first 90s resistance to start to make the break away.
This is just my study and a theory and not financial advice.
Enjoy
1LoV3
Asian_Picasso
Lets see what happen, but at least 56% This is interesting, paypal is used everywhere around the world, and all the value gained during the pandemic has been lost, but i think all will be recovered because the use of the credit card is all time high, so, this is a good point to start a position. At the same time there are two falling wedges waiting for a breakout.
DO EVERYONE SEE WHAT I SEE IN PYPL?After a long period of bear market in pypl, the chart starts to draw a PO3.
PAYPAL long entry setuppaypal try tro break key area
it;s goood to long above key area
tp is marked on the chart
luck to u
Puts tradeJust bought some puts (very cheap at this moment):
Exp. 07/07
Strike: $65
Price was rejected from the resistance and is forming a bearish flag. Is not confirmed yet but I think is going to break down soon, maybe opens with a gap down on Monday.
$PYPL with a bearish outlook following its earnings #StocksThe PEAD projected a bearish outlook for NASDAQ:PYPL after a negative under reaction following its earnings release placing the stock in drift D .
rip before more dip 🔥paypal sliced through short trigger of 70.97 I mentioned before last ER call!
Now RSI and chart is screaming buy for short term at least, bounce to 66.41-70/71 area before more downside is very possible
boost and follow for more! thanks 💛
Paypal's Time is Approaching Paypal has witnessed quite the depreciation in share value over the last year. We see it all coming to a head after today's close. A wonderful downward Triangle. Within that triangle we have gaps that are outlined in green. There is also a smaller gap on the 1hr time frame that I do believe will be entered once Paypal holds a close over 70. I do use a handful of indicators, but for me, they just simply confirm my ideas and confirm each other. The RSI is showing buying pressure rising. the -DM has been trending downward while the +DM has been rising. ADX is falling which coincides with the ending of a trend, in this case, the -DM.
Move to a 1 hour frame and we have a nice little breakout from the 1D trendline, We see the gap at 70, We see a nice little falling triangle AGAIN formed over the last several days...This is the point where it is my opinion the stock will finally begin to break its major downtrend. Time will tell.
Canidate for a major come back. Tech Safety Play. Venmo1) Lets see if this beaten down stock can return to the 72-77 area and again hold there or maintain ground in the high 60's.
2) I want ribbon compression and eventually a 50 cross thru 100,150 then 2000 day ema.
3) Back test of some structure and a strong rxn.
Fulfillment of these things would be a major buy signal for me. I'm already willing to buy this at these prices regardless. A more engaging trade/portfolio add would fulfill my 3 requirements.
Practice Patience, Know the cycle you are in, realize that 10Y bonds have made a trend break, signifying these markets will eventually reach some real turmoil. Adjust the portfolio accordingly and diversify. Stay aware from YT fear mongers.
Paypal is about to approachi strong pressure !Paypal is about to approachi strong pressure !
This chart shows the daily level candle chart of PayPal stock in the past year. The graph overlays the recent bottom-up golden section and the upcoming strong pressure horizontal line. As shown in the figure, PayPal's stock has shown a jumping upward trend this week, releasing a lot of bullish momentum and approaching the bottom of the short selling gap in February 2023 ($69.53)! In the future, we can use this position as the watershed for judging PayPal stocks: below it, bears dominate, above it, bulls dominate!
PAYPAL BEAR TRAP?
So i already posted this idea under the name "confident user", and because of the good reaction to may trend, i will explain it some more.
So Paypal lost around 14% since the earnings, even though they weren't that bad.
Under the current support level it doesn't look good for paypal beacause the stock was rallying like crazy back in 2016-2017 and didn't create good supports.
For me personally right now is already a good level to invest in paypal fundamentally, but if we break down even more to the 45$ levels it would be actually a crazy opportunity.
Thats why i think that we could see a reaction on this downtrend in my chart, but keep in mind that we got crazy downside still even though i would think its a complete overreaction.
Lets see if Paypal found its bottom here!
GAPs PaypalThe Technical study reveals that if it begins to break resistance we can find ourselves with an upward value, another piece of information that is no longer from the Technical Analysis is the GAPS that normally tend to close, it could be a warning of a change in Trend, we should be attentive if the GAPs rule is met and do a study again, another company that by Fundamentals is very correct but with a very bad valuation, I have Shares with an average valuation of 67 USD
PYPL how to play a possible reversal?This idea is based on Wyckoff's method. The Point & Figure count serves as a tool to determine target objectives based on the accumulation count in the base.
All other info is on the chart.
Good luck
NQdecipher
$PYPL - Brewing for further upside ☕NASDAQ:PYPL displaying relative strength with price advancing 6% since my previous analysis (considering the stock's historically low valuations and the expected clarity on their leadership outlook later this year). It remains one of my favorable long-term trades despite debatable growth outlook. With selling pressure gradually diminishing and I expect a gap fill above $69.68 within my designated timeframe for my positions.
Bullish Potential on $PYPL: Falling Wedge Pattern Greetings, Traders! Today, I'm excited to share an intriguing technical analysis discovery on the stock of PayPal Holdings Inc. ( NASDAQ:PYPL ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details!
📈 Ticker: NASDAQ:PYPL
📅 Timeframe: Daily Chart
📊 Pattern: Falling Wedge
📉 Understanding the Falling Wedge Pattern:
A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement.
🔍 Identifying the Falling Wedge on NASDAQ:PYPL :
Upon analyzing the daily chart of NASDAQ:PYPL , the following observations come to light:
1️⃣ Recent downtrend: NASDAQ:PYPL has experienced a decline in price over the past weeks.
2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows.
3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure.
📈 Price Targets and Trading Strategy:
If the falling wedge pattern on NASDAQ:PYPL plays out as anticipated, a potential bullish breakout above the upper trendline may occur, signaling a reversal and potential price appreciation. Consider the following price targets:
1️⃣ Target 1: Resistance level near $320.00
2️⃣ Target 2: Psychological resistance near $340.00
🛡️ Risk Management:
Implement the following risk management techniques to protect your capital and manage risk effectively:
1️⃣ Set a stop-loss order below the lower trendline to safeguard against unexpected price reversals.
2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy.
🔔 Conclusion:
PayPal Holdings Inc. ( NASDAQ:PYPL ) is exhibiting a falling wedge pattern, suggesting the potential for a bullish reversal in the near future. However, please remember that technical analysis has limitations, and market conditions can change. Incorporate additional analysis and fundamental factors before making any trading decisions.
Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions.
Happy Trading! 📈💰
#TradingViewAnalysis #TechnicalAnalysis #FallingWedgePattern #BullishReversal #PYPLStock #StockMarketAnalysis #ChartPatterns #TradingSignals #InvestSmart #FinancialMarkets #MarketAnalysis
PYPL: Buy idea: bearish channelBuy idea on PYPL as you see on the chart after the breakout with force the vwap and the resistance line...thanks..!
PYPLEVERY CANDLE HAS LIQUIDITY.
PRICE ALWAYS NEED LIQUIDITY.
Nobody Knows Where is Price Going.
Hey traders, here is the analysi.
If you guys like my analysis please hit like?? and follow.
Thanks.
DISCLAIMER- This is not financial advice.
SMART MONEY CONCEPT.
identify Liquidity Or Become Liquidity
Bearish Alert, PYPLNew Bearish Alert on the hourly chart.
Waiting for the bearish crossover as confirmation.
