ItryInvestin
2023-11-29

$PayPal(PYPL)$ BULLISH!

Another day, another TA for you all 💥💥

PYPL broke my downtrend line yesterday, signaling a potential rise from here. Double bottom near estimated moving average of 20 days, which is in confluence with a bullish movement. Chose not to enter earlier and waited for this confirmation. 

More on PYPL:

PayPal’s earnings, recently topped analysts' estimates, logging in a strong third-quarter net income of $1.02 billion, compared with $1.3 million, in the year-earlier quarter. After adjustment for asset impairment charges, PYPL climbed 20% year-over-year, amounting to $1.30 per share, well ahead of the $1.23 per share 🔥 

Personal take: Buy. However, DYODD before following others blindly. 

Always know your trading plan and be patient while waiting for the price to come to your desired level 🌟 May we all HUAT big big before Christmas 💰 💰 

💰 Stocks to watch today?(14 May)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
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Comments

  • coolguy001
    2023-12-02
    coolguy001

    Maybe you are too optimistic, it is better to be cautious

    • ItryInvestin
      Thank you for your concern! But the stock is doing well :)
  • ZonaMatthew
    2023-12-02
    ZonaMatthew

    I hope PYPL’s rise can start from now on.

  • CornerSteve
    2023-12-02
    CornerSteve

    The 20-day moving average is a very important indicator! ! !

  • Thatway
    2023-12-02
    Thatway

    Let’s see if PayPal can bring any surprises

  • ICECREAM
    2023-12-02
    ICECREAM

    Looks like I should buy this stock too

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