Paypal shares (NASDAQ: PYPL) are currently bullish and the
bullishness would continue within the next several months.
There is a “buy” signal here, as price is above the EMA 21
and the William’s % Range period 20 is around the overbought region. The market
is currently being corrected, but it is seen as a pause in the ongoing bullish
trend.
On Paypal, further bullish journey is anticipated, which would
make price reach the resistance lines at 50.00, 60.00 and 70.00. Temporary pauses
or corrections should be approached as opportunities to buy at better prices.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Super Trading Strategies: Super Strategies
Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng
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