PYPL: can it pick up that lost track?
i still like PYPL - and i beleive it was on a growth track to hit the $130 level, which was interrupted when the global / US market got hit by the CV situation - as a business, the fundamentals are still right and sound (don't want to say "strong" - i'm not qualified for that :)), and that's a business that shouldn't much impacted by the ongoing situation, on the contrary there's more demand on online shopping and payment services
prior to the sudden change, PYPL was one of these "well-behaved" stocks where price projections were relatively accurate (see the greenbox, and previous posts) - so what if it recovers now and starts getting back on track on the price growth movement.
The yellow circle is the scenario that "got interrupted" - the green circle is the new projection in that case -- we may see a rise to the $$120-$125 range in or before Q3 this year. however, for the time being, this is pure speculation -- just a "what-if" exercise, until we get strong confirmation of any recovery - but in all cases, i like PYPL in the buy zone between the 2 yellow lines - hope next week will give us an entry ..
if you like me to share these types of projections / "what-if" scenarios, let me know in the comment - and please *do not* take them for granted and do your own analysis and cross-check my assumptions before you trade - i can be totally off :)
please stay safe!
prior to the sudden change, PYPL was one of these "well-behaved" stocks where price projections were relatively accurate (see the greenbox, and previous posts) - so what if it recovers now and starts getting back on track on the price growth movement.
The yellow circle is the scenario that "got interrupted" - the green circle is the new projection in that case -- we may see a rise to the $$120-$125 range in or before Q3 this year. however, for the time being, this is pure speculation -- just a "what-if" exercise, until we get strong confirmation of any recovery - but in all cases, i like PYPL in the buy zone between the 2 yellow lines - hope next week will give us an entry ..
if you like me to share these types of projections / "what-if" scenarios, let me know in the comment - and please *do not* take them for granted and do your own analysis and cross-check my assumptions before you trade - i can be totally off :)
please stay safe!
Comment:
unbelievable !!! 😲
Trade closed: target reached:
Oh man !! :) this exceeded my wildest expectations.
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