#020 | US Stocks

Paypal?

The complete idea behind this newsletter is not to make you think of it as a ‘get rich quick scheme’. If you’re reading this, you have already gone through the description and the disclaimer in detail.

Also, this is the effort of multiple stakeholders involved with Alpha Swing. My job is to hit send.

Give a gift subscription

Paypal Holdings

We can see that PayPal Holdings is having a breakout retest and taking support at the volume shelf too.

It has tested the resistance level earlier which is now acting as support.

This adds a bullish bias for us for the stock.

Nio Inc.

In the daily charts, we can see that Nio has taken support at the marked levels and has also managed to come out of the descending trendline.

Nio has nicely broken out of this triangle pattern and bounced off the volume shelf too. Can head towards 44 and 48 levels.

(Volume Shelf is an exclusive feature available only on Trendspider.)