PayPal Holdings, Inc.
做多

Long Paypal

342
Trading Fam,

Got another long signal from my indicator. This one on Paypal. The signal was given on the 25th of Nov. You will see a large buy-side liquidity block has formed in this price region. Buyers have confirmed with volume.

I'm in at 61.90 with a target of 68, the convergence of the VRVP PoC and the 200 SMA. We do have some upside resistance with that 50 SMA above. I may choose to sell half in that area as we will also have filled a gap at that point. I've set my stops at 59 for a 1:2 rrr.

Last time we traded PYPL a few months ago we did well, pulling as much as 12% profit from the trade. In this trade we're shooting for another 10%. Let's go!

✌️Stew

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