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?(1 Nov)
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!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • floopi
    2023-12-02
    floopi

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

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

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

  • chimey
    2023-12-02
    chimey

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

  • twinkle5
    2023-12-02
    twinkle5

    Let’s see if PayPal can bring any surprises

  • zippyzo
    2023-12-02
    zippyzo

    Looks like I should buy this stock too

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