Today I am going to analyze the actions of PYPL (PayPal Holdings) It has a 𝐬𝐭𝐫𝐨𝐧𝐠 𝐛𝐮𝐥𝐥𝐢𝐬𝐡 𝐭𝐫𝐞𝐧𝐝, but that does not guarantee a rise without retracements.
He recently offered us an 𝐞𝐧𝐭𝐫𝐲 𝐚𝐭 𝟐𝟎𝟎.𝟕𝟕, with an 𝐒𝐋 𝐚𝐭 𝟏𝟗𝟗.𝟓𝟓 (short-term trading) If you want to invest in the long term, it is not necessary to sell them at that price.
A 𝐬𝐞𝐜𝐨𝐧𝐝 𝐞𝐧𝐭𝐫𝐲 would be around 𝟏𝟗𝟑.𝟔𝟖, where it also corresponds to the 𝐝𝐚𝐢𝐥𝐲 𝐏𝐢𝐯𝐨𝐭 and where if the stock wants to go lower, it would find very solid resistance.
Here in the second entry if you go short term an 𝐒𝐋 𝐚𝐭 𝟏𝟖𝟖.𝟕𝟎 is ideal. If even so the price continues to fall, it would break the bullish guideline, and would have a free ride to the minimum 𝟏𝟕𝟒.𝟖𝟖 𝐰𝐡𝐢𝐜𝐡 𝐢𝐬 𝐭𝐡𝐞 𝐜𝐥𝐨𝐬𝐞𝐬𝐭 𝐝𝐚𝐢𝐥𝐲 𝐬𝐮𝐩𝐩𝐨𝐫𝐭.
If it changes direction, the next obstacles to go down would be at 𝟏𝟓𝟐.𝟗𝟔 (𝐬𝐞𝐜𝐨𝐧𝐝 𝐝𝐚𝐢𝐥𝐲 𝐬𝐮𝐩𝐩𝐨𝐫𝐭) and 𝟏𝟑𝟗.𝟏𝟔 (𝐭𝐡𝐢𝐫𝐝 𝐝𝐚𝐢𝐥𝐲 𝐬𝐮𝐩𝐩𝐨𝐫𝐭)
You have to have a plan, whether it goes 𝐮𝐩 𝐨𝐫 𝐝𝐨𝐰𝐧.