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$PayPal(PYPL.US$ in your own assessment and judgement, do you guys think the current price range has reached a support or rather a strong support level?
What other simple technical analysis would u rely on? RSI < 30?
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Firstman : I just bought the first position at $179.5 today
Iain Kelly : decrease on low volume macd. relative volume previous support more times it has acted as support the stronger it will be. wait for support to confirm. meaning it goes above it goes back near it and then buyers step in and keep the price above it. like we say around 179
Iain Kelly Firstman : I would say you are solid. I jumped the gun a little bit. however hindsight is 20/20
Firstman Iain Kelly : My first position is only 3% of my account, just be patient and control the risk you can handle. PayPal will come back up in matter of time.
齊天大聖 x 祥 OP Firstman : Current price hovers around $100. Are u still holding it?
Firstman 齊天大聖 x 祥 OP : Holding tight! Waiting for all moving average lines to come down to consolidate, it’ll take a while (months) then I’ll add another 4 % to lower the cost below $100. Good luck !