Here is PYPL with a macro and micro point of view. 4h is showing a inverted head and shoulders pattern initiating but when zoomed into the 5m we can see that price closed at a gap down level signifying weakness of buyers at sitting unfulfilled sell orders. If price where to gap above these orders we can expect a strong continuation to the upside to follow through...
Paypal - NASDAQ:PYPL Below I cover the Chart and some interesting fundamental news on what Paypal is upto..... CHART Everyone should have expected significant resistance at the $74.66 price level due to a confluence of the following at that level; 1. 200 Day SMA 2. Point of Control (POC) 3. Falling Wedge Diagonal overhead resistance (SEE CHART FOR...
Hi, according to my analysis of Paypal shares. There is a good buying opportunity. The stock appears. In a positive condition with the stock exiting the descending channel. And breaking the strong resistance at level 68. Which indicates a strong entry of buyers. Good luck to all
Load up – PayPal needs more weight to gain enough downwards pressure! We expect the share to make it below the support at $66.11 and thus into the gray zone between $66.16 and $34.93. There, the course should complete wave II in gray and take off above the resistance at $93.52 afterward. However, there is a 35% chance that PayPal could conquer this mark earlier...
in weekly time frame, the next destination of paypal stock is $92~$96. after that: - if the market unwell, we might see $65. - if the market well, we might see $112 or $136. so be caution at this level.
After this bounce to the resistance area: The CFO of PayPal leaves for top finance job at Walmart. This could trigger another stock sell, the price target being $93. Looking forward to read your opinion about it.
If you haven`t sold PYPL ahead of earnings: then it seems like it has found a support at $95 from which is aiming higher to the $120 resistance.
If you haven`t sold ahead of earnings: Then it looks like a support and resistance play. My price target is $120. Looking forward to read your opinion about it.