Paypal has been caught up in the big tech sell down on coming in under what analysts were expecting. Could be at a good buying area if you like the stock. Looks oversold and back at a support area.
Reuters: "PayPal (PYPL) shares were down 6% after the company reported late Wednesday higher quarterly sales and earnings but fell short on full-year 2021 projections."
Reuters: "PayPal (PYPL) shares were down 6% after the company reported late Wednesday higher quarterly sales and earnings but fell short on full-year 2021 projections."
Comment:
My previous Paypal oversold idea was here where it ended up running 70%:
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