PYPL LONGHello,
PYPL, I think there is correction and can reach $120 or more so I will wait price action to take long around $80
DYOR, Not financial advice
2PP trade ideas
Short on Paypal. PYPLStart of B Wave.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
$PYPLI am still observing whether i should believe this sleeping giant have enough fuel to go much higher or not? But setup looks great ! Keep an eye, guys!
PYPL beautiful bounce?I really love the bounce from the 100 MA (D) nice nice nice. HOWEVER, don't like the volume I was expecting something bigger that goes with the size of that massive candle.
Hmm expecting a retracement between those two green lines.
I really like @PYPL but I would like if @pypl goes down to the $81.~ area. ending wave 5. and then to the moon 🤣
"This is only my personal opinion. I am not a trading/finance adviser."
paypal (pypl) on bullish trendPaypal (PYPL) shows a very clear picture in the chart structure. We have two possible scenarios here, whereby the alternative scenario only has a probability of 20% due to the sell-offs.
Thus, I assume that Paypal saw the low at $68 on June 29 and has been in a wave (1) since then, which was completed August 16. Since then, the stock has been building a clean a-b-c correction, where the c should bottom in the area between the 0.618 retracement ($81.36) and the 0.786 retracement ($75.52), and then sustainably rise in a wave (3).
PYPL continue with down trendNASDAQ:PYPL close below the 10 wMA negates the attempted recovery. Stock still trading below declining key MAs. We've seen other attempted recovery failures with stocks that traded near (or above for a while) the 200 dMA.
PYPL Paypal Trade Idea of Day - $100, Gap at $140 $90.55 Buy0. Notes to follow;
PayPal added to 'US 1 List' at BofA
PayPal added to 'US 1 List' at BofA 06:48 PYPL, V BofA analysts added PayPal (PYPL) to the firm's "US 1 list" and removed Visa (V) from the list, though noted that Visa remains Buy-rated. The firm identifies the "US 1 list" as intended to represent a collection of its best investment ideas that are drawn from the universe of Buy-rated, U.S.-listed stocks covered by BofA Global Research fundamental equity research analysts.
Bullish flag on the dailyOkay, let's see what we have here.
A massive "Bull flag" has formed on the daily chart, which is normally a bullish sign, but...
But these are not normal times, as the NDX (Nasdaq 100 index) alone has lost more than 7% in a week.
Any bullish pattern can end up as a false breakout, so trading these patterns requires precaution.
So lets collect the bullish and the bearish signs.
In addition to the massive bull flag, we have weak bearish momentum on the MACD and a hammer candlestick, which is typical of the reversal.
And PYPL managed to close above the P daily Pivot Point.
As for the bearish signs, we have a tanking RSI that still has room to fall.
We just closed below the S2 weekly Pivot Point.
The indexes should also be mentioned as danger.
If they tank, they will likely to drag PYPL with it (even if it is bullish).
In summary, there are both bullish and bearish signs.
It is worth keeping an eye on where it is heading before you start trading.
Resistance: 99.67, 102.65, 111.6
Support: 90.03, 84.9, 76.17
$PYPL Paypal. Holding up well in volatile marketsPaypal held up well during some very volatile days. Looks like it's building a nice looking bull flag.
Sitting on the sideline and watching this one. A bull flag break will open a $122,77 target.
PYPL I NEED YOU!@PYPL I need you to go back and re-test the $95.~ before running up. It would be a nice and healthy move before keep going up.
PYPL Transition A breakoutThis is a breakout play I took today.
Daily transition A breakout.
Entry Price: 98.47
Stop loss: $ 89.81
Target one around $114 or 200 SMA.
CORRECTION to Previous Chart.I had the Fib levels wrong/sorry.
Plus there is an unfilled gap overhead.
No recommendation.
Looks like a W pattern with room to run/valley 2 is lower than valley 1.
If this makes it \through gap it could hit 140ish to 150ish.
Then I would re-evaluate but keep a close stop.
The targets listed are for the flag if it continues to break to the up side
Bull FlagAlso forming a possible W pattern with room to run on the last leg.
No recommendation.
Any Flag can break up or down.
This one seems to be trying to break to the upside which is may do to fulfill the W pattern
Be safe/no recommendation
PYPL - Short Idea Short idea on PYPL here, last trade I did take a loss on LYFT but we keep it moving forward. PYPL is entering the highlighted supply zone at that 97$ range and I think this play can be a good one. However, all my plays will be on standby until Septmeber 13th since I want to get a trend confirmation on the overall markets depending on the CPI report coming out. Until then, trade carefully and only take A+ setups.
PYPL Long The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level.
The 9 EMA crossed the 20 EMA shows the short term trend in rising. OBV confirms the upward movement as it crossed its 13 day ema.
MACD is setting up for a cross and the FI (13), (2) are both recently positive.
Stop: 89.78 (prior low, likely support)
Target: 108.20 (April 22 gap level)
PaypalThis is an amazing investment, unfortunately, I missed the $70 price point, given the recent growth I don't see how I could be wrong even at $95 dollars, at present the stock market seems very uncertain, which could make for an ideal point of entry. PayPal is a huge brand and is widely considered to be the best at what they do, they had pioneered internet payment. They have recently acquired honey and on many occasions have shown interest in becoming the company that provided the all-in-one shopping experience, all though they have not made their intention clear, it could be argued PayPal may be in the process of creating their own eBay competition, giving light to the eBay payment method, most recently eBay decided to ditch PayPal as their main payment gateway, which could have arisen from some internal dispute this make the PayPal Market place even that more likely.
PYPL - bullish divergencePYPL broke out of an Adam & Eve formation on 27 Jul, then gapped up strongly upon Earnings on 3 Aug. Since then, it has retraced about 38% of it's AB swing up and appear to find support @ 90 where the gap is closed.
The stock could be ready to begin another up swing as we are seeing some bullish divergence between price and stochastic. Stops raised to just slightly below $89.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
PYPL - Short Position Day 2Update on the short position on PYPL, it has been great. I took profits at 92.99 and 89.93. I have now fully exited my position and will be waiting for other setups. I will be posting my other swing on CHPT and PETZ, which I took overnight yesterday. Regarding PYPL, the gap was fully filled and I feel like waiting for another leg down would be greedy on my part. The market sentiment today helped us achieve the price target and I'm satisfied with the trade. Hopefully, anyone that saw this took it into consideration, the setup was great.
PYPL - Short PositionAfter failing to break above the supply zone around the 95.5 range, and also breaking below the pennant formed, I established a short position on PYPL. My target here is around 92.2 to fill the gap created today. I have established a well-sized position and will be looking from now on, won't be adding as I don't want my cost basis to be affected. This looks like a great setup; however, I have some hedges in place just in case things go south.
PYPL - Earnings Pop Pressure Pot ? 🧐I struggle with the titles here as TV has an interesting take on what is and isn't English...
Anyhow
For PYPL I did previously have a target of $55 for it to hit a more obvious 1:1.618 fib extension.
However upon further review it appears that it will be a 1:1.272 (which btw is √1.618). The 1:1.272 seems to occur when there is significant overshoot from the 1:1 and interestingly the NDX also appears to be bottoming at this fib.
PYPL is forming this steep but yet corrective descending channel. When considered with the rest of the trend which was effectively a cliff face it is very choppy in comparison and is drifting sideways. All of which shows that downside momentum is waning.
There are many ways to to draw trendlines but in this instance I have taken the first two significant pivots and this reveals that there has been a lot of downside fakery but yet PYPL has remained above the lower trendline for the majority of the time.
For a tiniest bit more overshoot I think PYPL may hit the 1:0.5 $67 taking the last pivots from the top.
I think very likely this contracting pattern is building strong upside cause and with earnings coming up could see an explosive upside move soon. This will also depend on where indexes are by then and perhaps the move up will come earlier.
Not advice.
Paypal: Pay up for thisPayPal - Short Term - We look to Buy at 89.71 (stop at 84.43)
Broken out of the channel formation to the upside. We have a Gap open at 89.63 from 02/08/2022 to 03/08/2022. We have a 38.2% Fibonacci pullback level of 89.84 from 103.03 to 68.51. Preferred trade is to buy on dips.
Our profit targets will be 116.91 and 152.00
Resistance: 103.03 / 117.20 / 122.92
Support: 89.84 / 80.22 / 76.71
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PYPL_on the Road? (elliot_wave_analysis)hello everyone
This is my first chart of PYPL.
In my opinion, we have now completed wave 1 and hit the fibonacci perfectly.
Wave 2 is expected to end around $81.
I am basically long but there is also a higher probability of a more massive correction.
Like and update follows
peace and out.
PYPL trend reversal?Paypal is in a clear down trend since a long time.
Now we can identify clear chance of character to the upside.
Looking for a buy if it falls in the $89 area with target at the gap $140.
