PayPal looking bullish!
Обновлено
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.
Сделка активна
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 :)Комментарий
PT2 hit the day before, I'm out
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.