Hey friends!
Asset now in the super classic range.
The main driver of growth is the fear of a missed opportunity. "Well, look, the double bottom pattern" you probably could mention. Such thoughts will move the bullish players. But what if we just talk about the growth prospects of PYPL. Big money needs three factors:
1. potential.
2. availability of "fuel" or "energy".
3. fundamental growth prospects.
The probability of the presence these factors closer to autumn is much higher than right now or in July, August. S&P renew the highs. Someone is encouraged that the rates will not be raised, but is this true? The highest inflation in the history of the United States, the highest debt. These are the drivers that can push the index down more than 1000 points in one moment. The growth potential if to buy right now is not attractive for midterm purchases. Most big players off the market. For me best zone to buy is 210-220$ per share.
Asset now in the super classic range.
The main driver of growth is the fear of a missed opportunity. "Well, look, the double bottom pattern" you probably could mention. Such thoughts will move the bullish players. But what if we just talk about the growth prospects of PYPL. Big money needs three factors:
1. potential.
2. availability of "fuel" or "energy".
3. fundamental growth prospects.
The probability of the presence these factors closer to autumn is much higher than right now or in July, August. S&P renew the highs. Someone is encouraged that the rates will not be raised, but is this true? The highest inflation in the history of the United States, the highest debt. These are the drivers that can push the index down more than 1000 points in one moment. The growth potential if to buy right now is not attractive for midterm purchases. Most big players off the market. For me best zone to buy is 210-220$ per share.
