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PYPL

Falling Wedge- Bullish - UpdateNice falling wedge on SQ's hourly timeframe- Just posting a quick update as SQ is still looking very interesting here- will be watching closely for a breakout from this wedge here (broader market conditions permitting). Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish - Bullish divergence on the RSI - MACD Cross - Ascending Triangle Forming on the Daily Timeframe (See Attached Chart Below) - Sitting on its 200-day EMA on the Daily Timeframe as well PT1- $239.71 PT2- $243.06 PT3- $244.66 PT4- $246.51 Daily Timeframe- Previously Charted-
NYSE:SQLong
by jacobosiason7
All the relevant levels and directions in PYPL Today we will take a look at Paypal ; let's start with the main technical elements we can see: First: The support and resistance levels. Currently, the price is against a major support zone working since the beginning of the year. From here, we have defined the next support level and the next resistance zone. Both will be working as primary targets, either for bullish or bearish resolutions. Regarding the bullish view, we have two descending trendlines we should pay attention to. Based on previous behavior, we can expect corrections during the ascending movement. Either on the first one or the second one. The cleanest setup based on a technical perspective would be to wait for contact on the 2nd trendline and see a clear correction. IF that happens, then we can trade towards the Next resistance zone (previous ATH level) Regarding the bearish view, we are NOT taking short setups on stocks. However, the scenario we think would be a clear confirmation of the bearish view would be: -Bearish breakout of the support level - Pullback on the broken support level - A new local low after the pullback would be the confirmation of the bearish movement towards the next support zone (180.00) Thanks for reading! Feel free to share your view and charts in the comment box.
NASDAQ:PYPL
by ThinkingAntsOk
6
13 important things to know before trading PayPalHi folks, Yurii Domaranskyi here. Let's take a look at the chart. 1. levels are working great here 2. globally uptrend, locally downtrend 3. the level was confirmed with 2 false breakdowns 4. distant test 5. approaching with paranormal bars 6. from top to the bottom -27.84% 7. no accumulation near the level so far, approaching with paranormal bars 8. no rollback 9. closed in more than 1 ATR distance 10. level of a pullback + paranormal bar from that point was made move to the other side of the range 11. has enough room for a move 1 to 5.1 12. no model ascending lows 13. report on November 13 Potential risk/reward ratio = 1 to 5.1 meaning that I'm risking a 100$ with a possibility to make 510$ Please, support our work with ❤️
NASDAQ:PYPLLong
by unfair_advantage
Can you trade based on news?Bloomberg News reported Wednesday that PayPal is looking at purchasing the image-sharing social media platform, noting talks of a potential price of $70 a share, a level that would value Pinterest at around $39 billion. In this analysis, you can see both sides of the same trade! One is PayPal which experienced one of its worst days after the news came out they decided to buy Pinterest, on the other hand, PINS experienced its best trading day ever..! It is very unlikely to be successful in trading/investing by following the news..! Best, Moshkelgosha
NYSE:PINS
by Moshkelgosha
PayPal (PYPL) Analysis PayPal was one of the companies that post-covid has grown the most, we are talking about a + 271% from the lows of March 2020 to the double maximum reached between February and July 2021. A dizzying growth with always positive Earnings, which beat expectations. Except that of July 28th. This time, albeit positive, the earnings proved to be disappointing, and in fact, on July 29 the stock opened in a gap down of more than 5% and then gave way to a bearish phase that lasts until today, where we are just two days old. of heavy sales due to the rumor that the holding of San Jose is in talks to buy Pinterest. Physiological pull-back based on news or the start of a major bearish phase? Paypal has, compared to the past, a lot more competition, and it won't be long for Amazon to enter this brokerage business. The company is moving, precisely because it knows that there is a need for news for investors. The purchase of Pinterest could be strategic, as the creation of e-commerce on the platform, with the experience and ecosystem of PayPal, could be very interesting and profitable. Without forgetting that eBay has changed its policy a few months ago, creating its own payment ecosystem and making it mandatory, excluding PayPal from a partnership that lasted for about two decades. (I'm speaking about the European situation). The future scenario remains uncertain. The November Earnings will be crucial. From a graphic point of view, the entry levels are quite evident and stand at: - $ 240 current level, but I decided to wait - 213 $ area, first volumetric level of some importance - $ 173 of course, should it ever arrive here, I would definitely buy one. Happy trading Lazy Bull
NASDAQ:PYPL
by LazyBull5