PayPal, week 8 of the sell signal
PayPal climbs 2.7% as the bearish front loses ground
PayPal, week 8 of the sell signal
In Summary
Week 8 of a sell signal on PayPal, and the week just closed gained 2.7% with buying volume at 99%. The rebound has now run for three straight weeks: the MACD histogram climbed back to 0.59 and the CMF stays negative but has nearly halved since mid-June. The bearish front isn't closed out, but it keeps losing ground week after week.
IQS Phase
49
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#124 / 137
US stocks
Trade P&L %
-2.39%
from signal to today
restricted Platinum content