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Nov 11, 2021 5:41 PM

PYPL: Early Dec Major Cycle Bottom? Long

PayPal Holdings, Inc.NASDAQ

Description

Paypal is setting up for a potential Tesla (May 2019) like move in early December. Structure has an initial 5 wave impulse and now everyone is panic selling back to the original impulse 1 low. We could still move down to the VPOC until then Dec. So far there's no buyers at all so it would be pre-emptive to buy without any confirmations. Looking for for PYPL to meet my confirmations over the next month and if so, we're going to get a really nice long on this one.
Comments
SHORTSSHOULDBEILLEGAL
No. TSLA revenue grows 50%+ YOY. PYPL expected to grow 18% for 2022…
lmuhametaj
@SHORTSSHOULDBEILLEGAL they are forecasting low but will blow past 18%. PayPal management is smart, they are not chasing pumps like rest of the bubbly stocks out there. Tesla stock should be at $200, their 50% yoy growth does not justify current evaluation.
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