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Sept. 13, 2019, 4:13 a.m. EDT

Paypal Holdings Corp $PYPL Trading Report

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Sep 13, 2019 (Stock Traders Daily via COMTEX) -- The Paypal Holdings Corp /zigman2/quotes/208054269/composite PYPL -2.04% update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for PYPL, and 1300 other stocks too, updated in real time for our trial subscribers . The data below is a snapshot, but updates are available now.

Technical Summary

The Technical Summary and Trading Plans for PYPL help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PYPL Report.

The technical summary data tells us to buy PYPL near 104.67 with an upside target of 117.90. This data also tells us to set a stop loss @ 104.41 to protect against excessive loss in case the stock begins to move against the trade. 104.67 is the first level of support below 107.1 , and by rule, any test of support is a buy signal. In this case, support 104.67 would be being tested, so a buy signal would exist.

The technical summary data is suggesting a short of PYPL as it gets near 117.90 with a downside target of 104.67. We should have a stop loss in place at 118.16 though. 117.90 is the first level of resistance above 107.1, and by rule, any test of resistance is a short signal. In this case, if resistance 117.90 is being tested, so a short signal would exist.

COMTEX_352206749/2570/2019-09-13T04:13:04

/zigman2/quotes/208054269/composite
US : U.S.: Nasdaq
$ 99.37
-2.07 -2.04%
Volume: 3.06M
Oct. 22, 2019 12:10p
P/E Ratio
47.20
Dividend Yield
N/A
Market Cap
$119.36 billion
Rev. per Employee
$710,138
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