Bullish technicals
PYPL has struggled to stay above the 200sma, which is still in an uptrend.
Today closing above the 200sma would we the third consecutive day doing so...
Risk reward ratio is 3:1
Bearish technicals
OBV has been trending lower, diverging from what the RSI is telling us.
We have a few layers of overhead resistance.
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Keeping on a...
Technical analysis
200sma & 100sma are now working as our support. This is specially important as they just recently reported earnings (check fundamental analysis below).
There is also a Fibonacci confluence setting support at $43.
Risk-reward-ratio ---> 3.5:1
Entry ---> $44.5
Profit-exit ---> $54
Stop-loss ---> $41.89
Next...
Technical analysis
SMA:
For the past 4 days, SMAR rallied of the 50sma with above average volume.
It took out its short-term resistance at the 200sma, and is currently crossing 100sma today (nov.20.2019).
RSI @67 on an uptrend
OBV is higher than early june when stock price was also $45, indicating accumulation (Bull).
**The healthcare is also...
