CFD Trading – Buy Paypal Holdings Inc. (PYPL.NAS) @ $266.70. Stop @ $247.60 and Target @ $301.90.

Paypal Holdings Inc. Stock Code PYPL.NAS

Outlook
Price closed at the upper edge of the cloud last Friday, which could be a sign of a possible bullish breakout in the coming trading session.  Conversion line had crossed over the Base line, with a bullish crossover hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago and is above the cloud at the moment, confirming the bullish price trend.  MACD is bearish but both its lines are moving higher and could cross over the zero line soon, hinting of a bullish price trend. If price is able to move above cloud, it could be heading towards the high at $309.14.

Strategy                  
$266.70              Buy
$301.90              Price Target
$247.60              Risk Management Stop
3 weeks              Trade Duration

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