Fundamentals:PayPal seems extremely undervalued when looking at indicators such as price to earning or price to sales. The price to sales indicator is at about 2. When looking at other technology stocks such as Meta or Netflix, their price to sales indicator reached 2 then very quickly jumped up to 8. Assuming that PayPal's sales remain the same and that their price to sales reaches 8, that would put PayPal at a price of 215 dollars.
Technicals:If we look at this moving average on the 10 day candles (green line), every time that we have close a candle above it, which has only happened 3 times, led to a run up in price. We have just happened to close above it which may indicate a price increase in the future.
Summary: The price to sales ratio is 2 and may reach 8. A moving average which was resistance has just been broken to the upside. This trade may take a year or two to play out, but it seems promising assuming we do not close a 10 day candle under the moving average.
Technicals:If we look at this moving average on the 10 day candles (green line), every time that we have close a candle above it, which has only happened 3 times, led to a run up in price. We have just happened to close above it which may indicate a price increase in the future.
Summary: The price to sales ratio is 2 and may reach 8. A moving average which was resistance has just been broken to the upside. This trade may take a year or two to play out, but it seems promising assuming we do not close a 10 day candle under the moving average.