PayPal Holdings Inc. Stock Code PYPL.NAS
Price broke above the cloud with a gap three trading days ago and has since stayed above the cloud. Both Conversion and Base lines are nearby and could be providing support to price. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment. MACD is bullish and is hinting at a bullish price trend. If price can stay above the cloud, it could be heading towards the previous resistance at $123.26 in the next 2-3 weeks.
$123.20 Price Target
$87.50 Risk Management Stop
3 weeks Trade Duration