PayPal looking good! The ticker broke out of the head and shoulders pattern on the daily chart.
Usually the H&S pattern is a bearish pattern, but in this case, the price has bounced back up upon touch the 226 support level. Price then went and closed above the shoulders of the H&S pattern, negating the pattern. The critical resistance level it closed above is 254.43 (shoulder height).
The 9EMA has also finally crossed over the 21EMA yesterday, which is another bullish indicator.
PT1: 265.54, PT2: 275.37.
Usually the H&S pattern is a bearish pattern, but in this case, the price has bounced back up upon touch the 226 support level. Price then went and closed above the shoulders of the H&S pattern, negating the pattern. The critical resistance level it closed above is 254.43 (shoulder height).
The 9EMA has also finally crossed over the 21EMA yesterday, which is another bullish indicator.
PT1: 265.54, PT2: 275.37.
Dagangan aktif
PT1 hit, I'm still holding the stock as the expected earnings report is out end April / early May - which might cause the stock to run up more. Good luck everyone :)Nota
PT2 hit the day before, I'm out
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.