norok

Paypal (PYPL) getting interesting

做多
norok Wizard 已更新   
NASDAQ:PYPL   PayPal Holdings, Inc.
Was doing some weekend homework on stocks my social media followers are into while I watched the last few episodes of Billions and came to PYPL . I've been watching this stock since it hit my alert at 195.59 in November. The last two weeks of price action have piqued my interest.

On the 30 minute timeframe (which I consider the swing trading timeframe) there have been two potential reversal patterns playing out. The first being an inverse head and shoulder defined by price spikes being bought up... followed by a short term Ichimoku/50% Retracement. The latter presents the favorable risk/reward scenario. Price getting back into the 180s would trigger a tight stop but if price holds this reversal a long term trader/investor would be good for the rise to retest the highs over the next year.
评论:

The stock happened to give a spike this morning right at the level. Risk can now be defined at 184.79

"Be to others the person you needed to meet 10 years ago"

Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。