n the daily chart PYPL is at its six-month lows sitting on the support /demand zone after recent
earnings which were helpful in showing earnings and revenues holding up. Upside to resistance
is about 25%. The volume profile shows heavy volumes at both the current price and at $75
Any upward price action would likely experience volatility at $7 5 as that is where a large
a number of institutional traders are situated. This is also approximately where the mean long
term anchored VWAP is extending. The MACD indicator's lines have crossed under the histogram
which is now green and positive. They are approaching the horizontal zero line. Trading volumes
have increased since the last earnings and so shares are being accumulated which usually
results in prices rising gradually over time.
I see this as an excellent long trade setup targeting first $ 75 and then $87 just under the
resistance zone with a stop loss in or under the support.
earnings which were helpful in showing earnings and revenues holding up. Upside to resistance
is about 25%. The volume profile shows heavy volumes at both the current price and at $75
Any upward price action would likely experience volatility at $7 5 as that is where a large
a number of institutional traders are situated. This is also approximately where the mean long
term anchored VWAP is extending. The MACD indicator's lines have crossed under the histogram
which is now green and positive. They are approaching the horizontal zero line. Trading volumes
have increased since the last earnings and so shares are being accumulated which usually
results in prices rising gradually over time.
I see this as an excellent long trade setup targeting first $ 75 and then $87 just under the
resistance zone with a stop loss in or under the support.
Dagangan aktif
PYPL moving a bit higher. Call option up 16% overnight.Dagangan aktif
PYPL continuing a slow move higher.Dagangan aktif
PYPL is heating up trading more than 11B daily with a market cap of $78B means 1% of shares changing hands each day high liquidity low spread content with current position - will take partial profit when contracts' ROI > 100%Dagangan aktif
Trade re-entered 3/8/24 ! 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.