NIO stock is forming a bullish divergence on the weekly & daily RSI chart. This stock has been absolutely hammered the last couple years due to inconsistent supply issues as well as getting out of unprofitably that most new companies struggle with. However I do believe with projected earnings being over 2B the company should be getting over its hardest time &...
PYPL is an incredible company, revenue growth Y/Y continues to be consistent. We are now valued lower than when COVID hit and earnings were only HALF what they are now. BULLISH DIVERGENCE ON THE RSI ON BOTH THE WEEKLY & DAILY CHARTS. Long term this is an incredible entry in the $70’s-80’s.
PYPL has had a significant decline from its highs last summer. The weekly RSI is in the teens. I believe we touch 108-112 for a great initial entry & then a possible retest of 100 for an average down opportunity. However, beware we do have a gap to fill from COVID levels. Careful as this is much lower, but as long as 100 holds, we should be okay!
