PayPal Holdings Inc. Stock Code PYPL.NAS
Outlook
Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is bullish and is hinting at a bullish price trend. If price can stay above cloud, it could be heading towards the next price resistance at $92.53 in the next 2-3 weeks.
Strategy
$81.80 Buy
$93.50 Price Target
$75.60 Risk Management Stop
3 weeks Trade Duration
