Trading Paypal Holdings Corp $PYPL With Integrated Risk Controls

May 09, 2023, 13:19 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Paypal Holdings Corp (NASDAQ: PYPL) report below can help you, but we have more details too. The trading plans for PYPL, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for PYPL

• Buy PYPL slightly over 60.92 target 73.67 stop loss @ 60.74 Details

The technical summary data tells us to buy PYPL near 60.92 with an upside target of 73.67. This data also tells us to set a stop loss @ 60.74 to protect against excessive loss in case the stock begins to move against the trade. 60.92 is the first level of support below 66.52 , and by rule, any test of support is a buy signal. In this case, support 60.92 would be being tested, so a buy signal would exist.

• Short PYPL slightly under 73.67, target 60.92, stop loss @ 73.88 Details

The technical summary data is suggesting a short of PYPL as it gets near 73.67 with a downside target of 60.92. We should have a stop loss in place at 73.88though. 73.67 is the first level of resistance above 66.52, and by rule, any test of resistance is a short signal. In this case, if resistance 73.67 is being tested, so a short signal would exist.

Swing Trading Plans for PYPL

• Buy PYPL slightly over 72.56, target 73.67, Stop Loss @ 72.35 Details

If 72.56 begins to break higher, the technical summary data tells us to buy PYPL just slightly over 72.56, with an upside target of 73.67. The data also tells us to set a stop loss @ 72.35 in case the stock turns against the trade. 72.56 is the first level of resistance above 66.52, and by rule, any break above resistance is a buy signal. In this case, 72.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PYPL slightly near 72.56, target 60.92, Stop Loss @ 72.77. Details

The technical summary data is suggesting a short of PYPL if it tests 72.56 with a downside target of 60.92. We should have a stop loss in place at 72.77 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PYPL

• Buy PYPL slightly over 72.56, target 73.78, Stop Loss @ 72.39 Details

If 72.56 begins to break higher, the technical summary data tells us to buy PYPL just slightly over 72.56, with an upside target of 73.78. The data also tells us to set a stop loss @ 72.39 in case the stock turns against the trade. 72.56 is the first level of resistance above 66.52, and by rule, any break above resistance is a buy signal. In this case, 72.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PYPL slightly near 72.56, target 60.92, Stop Loss @ 72.73. Details

The technical summary data is suggesting a short of PYPL if it tests 72.56 with a downside target of 60.92. We should have a stop loss in place at 72.73 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 72.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

PYPL Ratings for May 09:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Weak
P1	0	0	60.92
P2	73.78	72.56	73.67
P3	76.27	75.72	87.12

Support and Resistance Plot Chart for PYPL

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