PayPal Holdings, Inc.
Long
Aggiornato

Inverted Head and Shoulder almost complete, SMA100 supporting

1 406
Inverted H&S is almost complete, SMA100 last three days provided a strong support

I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$

SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
Nota
It seem that SMA100 is saving the day again
Nota
Bad day, more analyst changes rating and stock is falling badly
Hit my stop loss and put me out of this trade
Nota
Great strength!
Price can get back inside channel up
Trade attivo
58,90
Nota
25 January
PayPal will ‘shock the world’
CEO Alex Chriss
Nota
After neckline breaking is common a test/pullback, i think price wil now raise to reach first target 72,5$ (gap filling)
Very important it that price close outside of bearish channeldown (over 66$)

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