PYPL has seen heavy descent from its ATH
However it still has a long term trend line intact (solid white line)
This point aligns with 0.382 and should be treated as a bottom point for PYPL
Its sitting on weekly support line. It can jump from these levels as long as it remains above those two blue lines. Can hit $12. For long term investment, it may need more time.
PYPL is an incredible company, revenue growth Y/Y continues to be consistent. We are now valued lower than when COVID hit and earnings were only HALF what they are now. BULLISH DIVERGENCE ON THE RSI ON BOTH THE WEEKLY & DAILY CHARTS. Long term this is an incredible entry in the $70’s-80’s.
PayPall share price has been sharply down this year. Investors are scared of a slower growth in e-commerce transactions in the near future.
While a slower growth in e-commerce transactions is possible in connection to the increasing probability of an economic recession in the next 12/18 months the e-commerce percentage of total world wide retail sales is expected...
Paypal major collapse, could be making a massive weekly head and shoulders.
Currently though bouncing off a weekly double bottom.
Outlook is some more chop into a bounce, beginning the right shoulder.
However, might just start rallying from here. Also not sold that a right shoulder would complete, more of a bounce higher from this level trade.
SQ can be one of the best investments of your life if you are able to catch the dips. Our Fibonacci Circle identifies strong resistance coming up in the $150 range, but I see us blowing straight past that and going to $170. Yesterday was a very good time to buy and now time to watch your money grow.
Paypal is down 65% from its ATH last July. It's now flirting with a supply zone that stretches back to 2017. While I'm seeing Bullish Divergence here, I'm also seeing a downward sloping trendline that makes me think we might see one more sharp move down (into the supply zone) before establishing a bottom. If you're a long-term investor, this could be a great...
Paypal has finally acted like it is forming a bottom, after a long and bloody decline that drove it down 70% from the top. I think the market is going to produce a substantially big relief rally, similar to the move that took place in the year 2000, from May to September back then. Equities then proceeded to roll over steadily, after triggering a monthly timeframe...
reaching a descent support after a long down trend
red candle closed near the level
best move : wait for the next candle to form . make your move depends on if it broken the level or rejects it
personal opinion : 75% chance will see a rejection from the level and a steady after it will follow
After this bounce to the resistance area:
The CFO of PayPal leaves for top finance job at Walmart.
This could trigger another stock sell, the price target being $93.
Looking forward to read your opinion about it.
Very nice declining volume saucer or maybe even inverse H&S here. MACD turning up. cracking through 125 opens the door to 140. possible gap fill to 150, but probably not this week.
