TRADING TIPS

PYPL Pullback Buy Signal

Hubert Senters here. Let’s take a look at Paypal. Symbol is PYPL. Looks pretty good.  Overall the market sold off on Friday. This thing handled it well and it pullback to the standard line. The Ichimoku one of the main theories that you would like to use is above the cloud. It would obviously be a long above the turning and the standard line. Yellow line turning, purple line standard. And then this is the overall big trend. You can see that it is tested the turning line a couple of times. Successfully tested it here bounce below it and close back above. What you’re looking for is a bounce below like a little bit of a pullback below and then bounce and close back above. And then you can get long some Paypal. I’ve been asked to speak at the Wealth365 event. It’s going to be taking place in almost two weeks 13 days away so make sure you register so you can get a spot because this webinar and zoom thing is going to tap out you may not be able to attend if it’s over. It’s over subscribed like an over booked airline or movie ticket so get your spot while they last. Good luck. Hope it helps. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *