PYPL long term opportunityPYPL should provide good long term opportunity on retest of this Trend line. Chart structure looks very similar to META back in December 2022..
PYPL trade ideas
Short term bullish in an overall macro downward trend-Short term forecast:
-Descending wedge still in play for Paypal
-Looking for a bounce near the bottom of the channel. Maybe around $60-$61 will be the low target. TP around $70-74
-Long term outlook
Lots of support around $38-40. Accumalate at $56 and $44 as well.
Gap at $140-170 will eventually get filled in the coming years.
There are other small gaps at $84, $75, $55 and $44.
PAYPAL: There are chancesA falling wedge has formed on the chart, which can serve as an impulse for a $100 hike. Let's follow the next steps together.
All successful transactions and profit. If you liked it - subscribe.
$PYPL WEEKLY CHART LOOKS BULLISHSorry for the messy Chart, i'm gonna explain it to you.
We are currently experiencing the weekly candle trying to break out, from the 20 DAY Moving Average (Red Circle).
If that breakout gets confirmed (means the next two days will not sell off under the 20 Day Moving Average, we got a confirmed breakout, which opens a new Gap to 75$.
At the Level of 75$ we will consolidate or dip a little because also the 50 Day Moving Average (The red line which the green arrow points at) will line up perfectly with the resistance level, which means its gonna be a major resistance.
If we breakout from the 75$ Level, even bigger bullish potential - but i will share my chart again if that happens!
Good Luck trading.
PYPL watch out for breakoutwill happen eventually............
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders.
PYPL Major Support ReclaimPYPL has reclaimed a major support zone (66.39 - 67.39) on the daily chart. Watch for a hold here over the next week or so to confirm level is still strong. Wait for price action to confirm a continuation of bullish movement.
Trade Idea: Gap Fill play. With a continuation upward, PYPL is set to fill the gap between 69.60 and 74.97. Be mindful of the support turned resistance level at (71.07 - 71.56) of the range above between (71.07 - 71.56) and (77.84 - 78.77) that PYPL traded in before gapping down. Price may reject at (71.07 - 71.56). Watch to take profits here. If price reclaims the resistance of this range and it once again becomes support, you can play the continuation to the high of the range at (77.84 - 78.77) as well as the completed Gap fill at 74.97.
Targets: 69.65, 71.07, 74.99, 77.84
Stop: 66.46 - If PYPL loses this level and holds below the trade idea is invalidated.
PYPL Target 184A breakout of a falling wedge pattern has occurred.
RSI showing divergence.
Fundamental analysis of the stock looks positive.
Price should test 0.5 fib level.
Target 184
PayPal (PYPL:NASDAQ) Strategic Moves and Potential for RecoveryThe Decline in PayPal's Shares and a Potential Turning Point: Analysing the Past Two Years
Over the past two years, PayPal has experienced a significant decline in its share price, with a drop of nearly 80%. However, there are indications that this downward trend may be approaching its end, potentially setting the stage for a recovery.
PayPal's Strategic Initiatives for Growth: Driving Accounts and Payments Volume
Recognizing the need to reignite growth, PayPal has undertaken several strategic moves to enhance its business. These initiatives are aimed at driving the growth of user accounts and increasing the volume of payments processed through its platform. By implementing these measures, PayPal aims to improve its financial performance and regain investor confidence.
Seizing the Opportunity for Long-Term Investors: Potential Upside as a Result of Anticipated Rally
Given PayPal's current situation, this presents an opportune time for long-term investors to consider acquiring PayPal stock. The company's strategic efforts to fuel growth, combined with the potential for a market rally, could lead to a positive shift in PayPal's stock price. Investors who take advantage of the current situation may position themselves favourably to benefit from a potential future recovery.
Conclusion:
PayPal's recent decline in share price may be nearing its end, offering a glimmer of hope for shareholders. With its focus on strategic initiatives to drive growth in accounts and payments volume, the company is taking proactive steps to improve its performance. This presents an attractive opportunity for long-term investors who recognize the potential for a rally in PayPal's stock price. By considering an investment in PayPal at this opportune time, investors may position themselves to reap the benefits of a potential recovery in the future.
This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
PAYPAL HOLDINGS: A SRIRACHA SHORTAGEThis publication is a simple example of the Well-known Sriracha chart pattern.
Technical pictures in PayPal Holdings NASDAQ:PYPL indicates a strong support of major trendline.
PayPal is to Double the price 70->140 by this way .
PYPL Testing Upper Wedge LinePaypal is testing the upper line of a falling wedge pattern while recently crossing above all short and long moving averages(8,21,34,50,100) with the 200sma as the last MA to be tested. The short MAs are all rising and have crossed above the 50ma indicating a short-term bullish trend in price.
The PPO indicator show the green RSI line rising, and above a rising purple signal line which indicates short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum.
The TDI indicator shows the green RSI line above 60 and rising which indicates a bullish trend in price, as does the RSI line trending in the upper half of the Bollinger Bands. Going forward we want to see the RSI line trend between the 40-60 levels as an indication of intermediate to long-term bullish trend.
My buy price was $70.63
Stop-Loss(SL) is at $65.26.
No upper target for now as the falling wedge pattern is a sloppy one with the dip in the middle not touching the lower trend line. Will continue to move my stop-loss up as/if price continues to move higher. In general I tend to move my stop-loss orders up as price continues to make higher highs and higher lows. On each new push to a higher high, stop-loss is moved up to the most recent higher low.
Trade PYPL upcoming ER with 75c expired 08/18The 39 analysts offering 12-month price forecasts for PayPal Holdings Inc have a median target of 86.00, with a high estimate of 160.00 and a low estimate of 58.00. The median estimate represents a +21.76% increase from the last price of 70.63.
Who are its peers? SQ, V, MA, FIS, TOST
Bullish Alert : PYPLNew Bullish alert for NASDAQ:PYPL , this time on the daily chart.
The bullish crossover is not yet complete and price action is positive just on the very short term.
Waiting for the crossover + bullish Price Action
PyplMinor cup and handle inside a major broadening wedge..
Weekly 21ema and 20 are both at 70$.
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.
