$PYPL looks like a topping tail @ a pivot point, IF the 10 day moves over the 30 day, we are going higher.
If the price hike up above 36.4, guess it will go up to hit 38.43 again. Wait and see.
I loved PYPL bullish earlier. I had a set up 36 limit buy x 35 and didn't keep that open for some strange reason (I think fear?) Dan Walsh entered PYPL similar to this set up. I loved the bullish gap on earnings, I love the volume and this trade should work. THEREFORE, IF the trade DOES WORK (the wager will be I will go skiing in the mountain ranges around...
$PYPL trying to breakout of symmetrical triangle formation here. It's been coiling up for a big move up or down. Make it or break it time definitely worth keeping an eye on.
Just watching for now long term - will buy with LEAPS - Hedge with Monthlies.
Bracket forming w/ value area on POC
60min Ascending Broadening Wedge on balance area. If balance area is matured. Long term traders will generate a direction.
Revert to Mean after balance area down here
Let's see if PYPL can retest this pennant pattern break out and roll over bearish.
Caryn says "looks like a rounding top to me" which I agree with. Therefore, IF the stock breaks out and closes above resistance, could move.
Posted this Idea a few days ago, to watch PYPL for a bounce into this 36.50'ish support area. Over today's high this can continue higher