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Paypal

Short term opportunity on PYPLToday, we will speak about the current situation of PYPL - We can see that the price reversed from a strong support zone - The price broke the current descending trendline - On the edge of that broken trendline, we can see a corrective pattern, of course, that if the price keeps falling, the setup would be canceled. - The final target for this pattern is the next resistance zone at 276.00 - The stop loss for this situation must be placed below the whole structure. - In case everything goes as expected, we think the duration of the movement can take between 5 to 10 days Thanks for reading!
NASDAQ:PYPL
by ThinkingAntsOk
1
PAYPAL PAYDAY??? CALLLLSif you check my charts i have 260 strike that expire march12th and 275 strikes that expire on march 12th also sooo i average down on the dips and am really happy by doing so! what are you seeing ?? well paypal was in a downwards trend (the purple lines) when the markets dipped more so did paypal. it broke down out of the down trend and i saw a great buying opportunity. paypal is now back in the upwards channel (the blue lines) and broke the resistance trend line (the purple) when going back up today. that shows me that buyers are strong and the shorts are holding there D**K in their hands. im hoping for green days after that correction:))
NASDAQ:PYPLLong
by TradingPapi_
PAYPAL correction and price levels LONGPYPL reached ATH, but if the trends should stay healthy, we should go through some price correction. I know it is a good STOCK with significant potential. The price is going higher because of the covid situation and payouts for freelancers, but I am selling now, and I am gonna wait to buy again for a better price. The growth of profit has already been included in the price of PAYPAL stock. ENTRY LEVELS LONG: $263 $254 STRONG BUY $224 STRONG BUY
NASDAQ:PYPLLong
by TROPICAL_MAREK
3
Why does USD become weaker?(Intermarket analysis)If you are looking at the chart of USD Index (DXY) and compare it with Bitcoin, soon you will realize that from March 20th 2020, USD gets weaker and weaker while Bitcoin getting stronger exponentially. By looking at the growing list of major companies which accept Bitcoin, it is not hard to identify that US Dollar is loosing the ground to Bitcoin. What major companies accept Bitcoin? Major Retailers Microsoft. Microsoft has been accepting Bitcoin for use in its online Xbox Store since 2014 Overstock. Overstock is currently leading the way in the shopping and cryptocurrency field Home Depot Namecheap Starbucks Electronics Sleep, Bed and Bath Twitch Virgin galactic Tesla From technical point of view: USD has been in bearish Grand super cycle since 1971, when US Government put an end to gold standard. Last year, DXY broke below its EMA 200 and EMA 50 and it’s efforts to close above EMA 50 and trend reversal failed in the last 3 times. I believe US Dollar is in a position that no one can help it to become strong once again, and accelerated money printing policy just help it sink more and more! Moshkelgosha(Sniper Trader)
TVC:DXYShort
by Moshkelgosha
2
Square is shifting gears! Low risk 65% gain in < 3 months.Square ( NYSE:SQ ) is a serious growth company and is certainly a long-term investment. I'm bullish on NYSE:SQ long term, but I believe especially today, the stock has presented us with an excellent buying opportunity. As usual, I don't talk fundamentals. I'm only looking at the chart from a technical analysis perspective. Sometimes, after a stock is running inside an ascending parallel channel, there comes a point when it seems to be dropping below the channel, but the reality is it's only changing gears to enter a an even faster ascending parallel channel. It's kind of like the small moment of deceleration a racer has to suffer in order to shift to a higher gear, a phenomenon that coming generations will never know thanks to Tesla's single-speed transmission taking over the world. Anyway, back to NYSE:SQ . Let's look at the chart. I have two parallel channels. The current one, and the new one I expect price to be bound within in the near future. I also have a set of steeper-inclined parallel lines which delineate local bullish movements. I believe this inclination will keep supporting price much longer in the coming bullish moves. I also believe that it will be the slope of a parallel channel later this year, but I'll sit on that idea for now. Based on that, I drew a price path prediction. My target is $355 in 76 days, by 7 April 2021. My stop loss is at $195. Picking the stop loss was rather hard and somewhat arbitrary. I picked it based on historic RSI levels, how long I expect a drop to last in case a drop occurs, and basic support and resistance levels. Most importantly, the last close has hit the very bottom of the parallel channel. My estimation is that this is a golden buying opportunity. My only worry is that even though the parallel channel has held the price four times since September 2020, it has failed one time (30 Oct - 3 Nov) which I marked in the red circle. It wasn't a serious break though. However, we must be prepared for it to happen again. That's why I set the stop loss a little bit lower. However, I am confident it will hold the price, and even if it doesn't, it will make an even better buying opportunity. And even if it breaks lower, Square is a solid investment and is certainly a hold. Conclusion : If you're in it for a trade, then decide the size of your position depending on how much you are willing to lose. If you're willing to lose $100, and our stop loss is at -10%, then open a trade with $1000 and set your stop loss. If you're in this for investment, this is a good opportunity to add to your long-term position. So, buy and hold.
NYSE:XYZLong
by TechNerdOmar
39