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Wednesday, September 21, 2016

Recommended, Top Performing Stock (4): Paypal

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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