CFD Trading – Buy PayPal Holdings Inc. (PYPL.NAS) @ $81.80. Stop @ $75.60 and Target @ $93.50.

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

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.