Hello All,
Wanted to do a quick Weekend update to the Paypal Graphs.
We've met with resistance 3x and continuously have higher lows.
The market was red overall on Monday buy PYPL showed growth,
Christmas shopping starts soon so expect Growth in online shopping meaning growth in Paypal.
Covid increasing so we have more online shoppers and more online deals.
This is a great price point
You can ALSO see MACD crossing over on the one day chart
The symmetrical triangle is shown with CCI Crossing Over the +100 on the 4 Hour chart(not shown in the Image)
Bullish Bias based on the indicators and season.
Stay tuned for more updates :)
Wanted to do a quick Weekend update to the Paypal Graphs.
We've met with resistance 3x and continuously have higher lows.
The market was red overall on Monday buy PYPL showed growth,
Christmas shopping starts soon so expect Growth in online shopping meaning growth in Paypal.
Covid increasing so we have more online shoppers and more online deals.
This is a great price point
You can ALSO see MACD crossing over on the one day chart
The symmetrical triangle is shown with CCI Crossing Over the +100 on the 4 Hour chart(not shown in the Image)
Bullish Bias based on the indicators and season.
Stay tuned for more updates :)
Trade active
Break up from the Symmetrical Triangle, stay tuned for more gains.
Target of 215 for mid Dec,
230 Jan
Note
Fib Retracement Targets added.1.618 @ 240$ before a potential pull back
Note
Breakout Confirmed 100%Next Target 215 for previous all time High
Then $240 for New all time high. This should all happen within the next 30 days based on previous cycles
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.