$PayPal(PYPL)$ 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 💰 💰
Comments
Maybe you are too optimistic, it is better to be cautious
I hope PYPL’s rise can start from now on.
The 20-day moving average is a very important indicator! ! !
Let’s see if PayPal can bring any surprises
Looks like I should buy this stock too