PayPal Holdings, Inc.. ( $PYPL )- is one of the super and best stock to buy and offering a potential buying price between $114.76 – $120.50, as of June 11th , 2019. Let’s look at the stocks technical actions using a weekly chart.
2. The stock had a terrific run since early part of this year.
3. Though volume ran below average, the accumulation volume was greater than the distribution.
4. The stock found support at the 50 day moving average line, throughout the run up.
5. The stock appeared to be in a quick consolidation.
6. The potential buying price would be $114.76 – $120.50, with a stop loss at $105.58.