SamSuka
The Long Investor
The Long Investor

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$PYPL TOP 20

We said yesterday that $PYPL was getting very tight into the wedge and would need to take a diection today because a price action wont stay in this sideways movesment in a tightening wedge and tightening 50 and 200 Day MA.

So far we are seeing a small breakout to the upside as we lead into earnings tomorrow.

The price is just above the 200 Day MA which is at $62.50, so a hold above this level puts $PYPL in a good position for tomorrow.

The implied move here would mean a bounce up to $73 with a clean breakout to the upside outside of this wedge.

$PYPL TOP 20

Comments

Really tough to hold this when almost every other stock is mooning. Hopefully the patience pays off.

Danielstocks#7923

I was not in PLTR, but I am in on this one... Finger crossed 🀞

Luc

I do

Gareth Neary

Hum, I have 68$ not 73$

M

Cap you expect a beat tomorrow?

makis


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