Weekly hammerLast week closed with a good hammer candle
I suppose price will start recovering next week heading again to 68$ to test a new breakout
PYPL trade ideas
Long PYPL on possible wash out lowA good general rule is when we have hyper parabolic rallies like this, if and when we spike out the low of where the rally really started to take off, we usually bottom or make at least a big bull trap rally.
A big wash out, panics the longs. Setups a big bull trap (or low). Worth taking a stab at this now.
$PYPL headint o fill he gap at $51.80NASDAQ:PYPL is in downtrend and likely to fill the previous gap at $51.80. The MA support level is broken now if the price breaks $57 level support it will ultimately reach $51.80.
This is not a financial advice.
PYPL Long IdeaPYPL has been very weak for a long time now. It did have some bullish momentum earlier in the year after an inverse head and shoulders. It dumped on earnings and fell back to the neckline before going on a nice bull run. Now it is all the way back to the neckline again. We saw a bounce already last week and it's sitting right on the line now. I think if NQ rallies, PYPL has a good chance to reverse the recent downtrend. I could see a quick move up to the $72.50 area.
PYPL $40PYPL
Those that thought it was a good idea to buy heavy on this industry leader are now getting smashed.
Looking very weak here.
$40 could be on 🤨.
Not advice
$PYPL to $57 and belowAll support level has been breached. The H&S formation is likely to push price south $57.
Disclaimer:This is not a financial advice.
PYPLA very disappointing stock recently, as the ending diagonal was completed. But it needs time, to frame the 1-2 fractal. Wave 1 looks like a leading diagonal, PYPL may be printing a ZZ in the wave 2. Anyway, price is approaching a strong support level - being 62% Fibo level against the prior impulse. Trade safe
Support And Take ProfitThe viewpoint is that Tesla stock has a clear trend, and based on this price, you can follow it to make further decisions.
"Investors should understand the nature of the product, return conditions, and risks before making investment decisions."
Bullish on PayPalNarrowed down my entry with Paypal.
After multi-timeframe analysis, I'm looking to hold this bad boy.
Exit as you wish, I mentioned some key levels in the vid.
Enjoy the background noise from my mom and my mother in-law in the background 😂 They're whippin up some breakfast before we go out to explore El Salvador
Build up position in PYPLGreat opportunity to build up a position in PYPL. Technically PYPL is definitely past the bottom, fundamentally it's much undervalued. There is an obvious uptrend is being formed. In anticipation of market adjustment to fair value one expects a significant upward price action.
PYPL making bullish Cypher Harmonic PatternPYPL is in the process of making a bullish Cypher Harmonic Pattern. We are in a zone that could possibly become the bottom, but first we have to establish the bottom. And then we can aim for 3 Golden fib zones for taking profits.
PYPL good entry$57.50 would be a good entry for some great risk reward, acted as support before and convergence with Fib retracement. Potential hidden bullish divergence developing on weekly RSI too. Easy stop loss below February 2024 low around $55.50 (that would mean a lower low and potential downtrend and/or consolidation again) and easy target at the $68 sell wall.
The company is also looking good on fundamental level with its newly announced ads business and appears to be undervalued.
$PYPL Reversal could be nearNASDAQ:PYPL PayPal experienced a vicious sell-off over the past 7 trading days following the NASDAQ:AAPL BNPL and tap-to-pay announcement. I think it is overdone based on unfounded fears of its impact on PayPal.
It could find support around the $59 to $57 area (white line) and potentially reverse the trend. 🙏
$PYPL Thanks $AAPLNASDAQ:PYPL It is amazing how much damage NASDAQ:AAPL can do to a fintech giant with a little side hustle announcement. 😱
It was on the verge of breaking out and apple killed it sending the stock back to Jan 2024 lows within 6 trading session.
Amazing!
Break event point Support "Investors are keeping an eye on PayPal stock prices and the entry points for profit-taking on the downside. Is there still an opportunity to follow?"
"Investors should understand the nature of the product, return conditions, and risks before making investment decisions."
Bullish pressure continues to build for $PYPL....Many online continue to air their frustration with PayPal and they are right to do so, the stock has done nothing in the past 12 months, and when analysing the stock on a multi year basis the story doesn't get much better.
That being said, the stock is clearly trading in a bullish wedge pattern and looks for a potential breakout to $76 a share in the coming months. To bail on the stock here would be suicidal as we are only 78 days from a breakout which takes us to roughly the 30th of August.
If the stocks fundamental's were weakening behind the scenes then that would be a different story however for Paypal the opposite is happening. CEO Alex has been on fire since taking charge 8 months ago and I think it will only be a matter of time until institutions throw in the towel and continue to add Paypal to their core holdings again.
Bullish pressure continues to build for $PYPL....Many online continue to air their frustration with PayPal and they are right to do so, the stock has done nothing in the past 12 months, and when analysing the stock on a multi year basis the story doesn't get much better.
That being said, the stock is clearly trading in a bullish wedge pattern and looks for a potential breakout to $76 a share in the coming months. To bail on the stock here would be suicidal as we are only 78 days from a breakout which takes us to roughly the 30th of August.
If the stocks fundamental's were weakening behind the scenes then that would be a different story however for Paypal the opposite is happening. CEO Alex has been on fire since taking charge 8 months ago and I think it will only be a matter of time until institutions throw in the towel and continue to add Paypal to their core holdings again.
PayPal Holdings (PYPL): Will $55.77 Hold?At the request of one of our members, we're taking a closer look at PayPal Holdings, which we haven't reviewed for a while. PayPal is currently in a sideways movement, respecting the top of Wave ((ii)) at $68.21. Although there was a wick above this level, no significant breakthrough has occurred.
We have developed a bearish divergence with the RSI, indicating potential downward pressure. While still within this range, we expect the price to eventually sell off towards the Point of Control and the 78-88.2% Fibonacci retracement levels, potentially completing Wave ((ii)).
It is crucial that the price does not fall below the range low of $55.77. If it does, we could see levels around $50 to $52. As long as the price remains above $55.77, we are considering this range for potential entry points.
PYPL: Super stock will come back soonPYPL: Super stock will come back soon
-Tight range consolidation.
-Demand zone support.
-Key level support.
-Vol confirms.
-Structure confirms.
.
FB group: US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
Trade Like A Sniper - Episode 22 - PYPL - (7th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions.
A couple of things to note:
- I cannot see news events.
- I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range.
- I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks
In this session I will be analyzing PayPal (PYPL), starting from the 6-Month chart.
PayPal (PYPL) POTENTIAL LONG OPPORTUNITYWhat's going on everyone! Hope you guys had an amazing weekend! Wanted to get on here and post a potential bounce swing opportunity I see here on PayPal stock. So let's not waste any time and let's dive right on!
OK so when looking at the weekly chart you can see prices are edging to the upside. Making slight higher lows and higher highs and overall you can see that PayPal is a strong company and overall at a good price. On the daily timeframe you can see price is currently in am uptrend since October of 2023. Prices have been falling but they are coming down into a significant area of demand on the daily and weekly timeframe around 57-60 per share price average.
SO with all this being said watch for a bounce play on PayPal. I have 2 upside areas I see price coming into. Since it is sitting below the daily 200 EMA I am not aiming for the stars on this at this time so expecting this to be a for sure bounce play right now based on historical demand for this stock..
So keep an eye out this week watch prices as they come down! Hope this post added some value to you guys!
Please boost this post and follow my page for more accurate analysis! Cheers!
PYPL BreakoutI had been bullish on PYPL, but it struggled to rally in recent weeks despite the strength of the Nasdaq. It has finally broken out and reclaimed an ascending trendline it had fallen below. There's also a descending trendline shortly above and I expect a larger move if it's able to break above.
Nice entry point for PYPL Paypal - Long termPayPal was bearish since Sep 2021 till Oct 2023 (2 full years).
It seems like it has hit the bottom at $50 area, and now making a bullish trend (higher low, higher high).
It broke the down trend line from Aug 2022, and currently making a confirmation.
$63 price at the beginning of June 2024 is a good entry point for the long run with relatively short stop-loss (less than 5%)
Target points are as below:
6 months : +21%
1 year later : +48%
1.5 years later : +84%
2.5 years later : +175%
4 years later : +359%
So, we can check with PayPal every 0.5 year (6 months).
GL
