PYPL looks like a buy

All right, folks, let’s take a look at Pay Pal today ticker is py PL and it is actually getting a beat down here coming off these $300 highs all the way down to 100. So we’re talking about $200 of share price lopped off here since we made these highs in July of 2021. And we are watching for potential buy right here at around $100. Now, I think this area looks good. In fact, I’ve had this level drawn out for weeks. And I’ve also learned our Titan trader members about this potential long setup, we’ve been sitting in the weeds waiting patiently for the market to come down to this level that we know that it was going to come down to this level No, absolutely not. But we knew that there was a lot a high probability that it could. And if it did, there was likely going to be some reaction. Of course, that is exactly what we got. So we came down here into this $98 area, which is the top of this channel, this range that you see here penetrated a little bit deeper, all the way down to about see low 92 quarter. And now we have come back up today. Now as of this recording, we’re up seven and a half bucks today and seven and a half percent, we have a smaller 123 pattern right here you can see our momentum, indicators are also turning positive. But longer term here, I think that we could have a good shot or chance to come up to this 175 area, bare minimum probably going to come up and fill this gap, which would be the 171 75 area. So the top of this gap right here is around 140. Up to about 170, I would be looking longer term to come up at least fill that gap. Once we get up there who knows what’s going to happen, I don’t really care. All I know is that we would have a solid risk reward here because we’d be looking to put our risk down here below. Depending on how aggressive you wish to be somewhere probably around 90 $85 or so would be our risk or stop out point. And then looking to take it up here to anywhere between 160 to 171 75 area. We also have seasonality backing us which is which is of course of importance. You see we’ve got like back to back to back to back. Bullish can flows here. We could see 83% win rate here. 100% win rate 100% win rate 100% win rate. So all that is pretty solid. I mean, how can you argue against 100%? How can you argue against a 100% win rate doesn’t mean it’s gonna be profitable this year or workout this year, we got a lot of things that could happen. But these are the kind of odds that we do like to see trading at these important key levels. So I’m going to be talking about this setup this strategy to system on my upcoming event Thursday, March 24 at 2pm Eastern the hyperlink to that registration page. I’m really excited about sharing this information with you so you can learn to spot these setups yourself. Good luck, good trading. We’ll see you next update

Share:

More Posts

Technical damage done

A lot of technical damage done today across the board….however these types of moves can set up some absolutely beautiful trade ideas for the rest

Focus on higher timeframes first

Remember this…the higher timeframes govern the lower timeframes….always always be aware of what is going on in the higher timeframes before placing your trades

Placing targets intraday

I share a couple of ways to place targets on your traded using the TITAN trader methodology…..this can be used regardless of what method or