$PYPL is going to the $30-40 range

BATS:PYPL   PayPal Holdings, Inc.
I've never seen so many delusional bulls that think a stock is heading higher.

Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded.

PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point this year, likely towards the second half of it).

Good luck to the bulls, you'll need it.


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