PayPal Holdings, Inc.
롱

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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