PYPL looking to break all-time-highs?
PYPL made a new all-time-high in February of 2021 and now it's looking to make new all-time-highs.
Fundamentally:
* Sales growth quarter over quarter is more than 30%
* Earnings-per-share expected to grow +5% over the next year
Technically:
* Beta score of over 1
* General up-trend
* In rage from year-to-date
* Found new support at $289.46
* Steady volume as it makes new support
Trade Idea:
* Look for buying opportunities near its new support of $289.46
* A break below that, $277.87 should hold as support since it's acting a pivot
OR
* Wait for a weekly close above $309.14 to confirm the break
Fundamentally:
* Sales growth quarter over quarter is more than 30%
* Earnings-per-share expected to grow +5% over the next year
Technically:
* Beta score of over 1
* General up-trend
* In rage from year-to-date
* Found new support at $289.46
* Steady volume as it makes new support
Trade Idea:
* Look for buying opportunities near its new support of $289.46
* A break below that, $277.87 should hold as support since it's acting a pivot
OR
* Wait for a weekly close above $309.14 to confirm the break
כתב ויתור
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