PYPL34 trade ideas
What's the best trading advice you've ever heard?Hey everyone! 👋
Last year, we asked the community to share some of the best trading advice they’ve ever heard, and we got a ton of great (and hilarious) responses .
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PAYPAL HOLDING Short PositionWe expect that the price will decrease to the support level gradually. After rising wedge broke down, the Heikin Ashi candles show us that the price started to decrease. Moreover, MACD and DMI indicate that the price will decrease. Further, Divergence for many indicator shows us that 102 resistance level was selling time.
Entry, stop-loss, and target levels are in the chart.
#PYPL short ideaHello dear Traders,
Here is my idea for #PYPL
Price below purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
PayPal Hot Stock PayPal was super bullish because people were spending during pandemic. Now everyone is back to work and the stock crashed hard as long with tech stocks like Upstart and Affirm. Will the stock keep going down? Here is the resistance and support I think we should watch.
If PayPal breaks support at $69, it will slide to $42 like butter.
PayPal ready to rocket PayPal on Daily is showing two breakout patterns in the making...A Cup and Handle and an Ascending triangle...
We need the price to first break above $104.00. Then the next target will be easily at $134.45.
Few concerns:
1. Price is still below 200MA - which signals a bear market
2. The price could be consolidating before further downside
But overall I'll be Bullish Bias once the breakout occurs. Thank you for the request. Let me know if you need any other analyses.