This analysis is meant to make investors and traders aware that from Monday or Tuesday onwards there could be a significant retracement of the price. There is still time to go up (best case scenario), but the monthly time frame is starting to run out. From Monday/Tuesday onwards there will be 7 days to keep going up (16%) versus 37 days to go down (84%). ...
While the overall stock market has had one of its best years in a very long time, we can unfortunately see that Paypal has gotten no action in 2023 as this selloff has been ruthless for the stock However, taking a look at the monthly chart, we can see the RSI on our Traders dynamic index reached a bottom on June 2022, & has been slowly advancing upwards since...
Qi earnings revenue are ok and positive Adoption to Crypto seems to be working fine Short Interest decreasing .. less short yet YET price or sentiment is negative must be migration of float to new banker for 2024 2025 run up cycle reminds me of TESLA and recent PALANTIR depression for CONTROL as ebay the owner seems to be doin just fine
PYPL was immediately rejected on the local supply zone. This is likely a consolidation zone for another attempt at a breakout. I am long here but the chart reads neutral.
PYPL is looking like a better call setup the more I stare at the chart. The stock has taken two important support zones, RSI is strong and its climbing to a local supply. Id take a 65$ price target on a call setup if I were to enter, I am thinking about it this am.
3 Panel Chart Top Right Chart: -Daily chart using bollinger bands. Both bands are open, and price has been dragging along the bottom band. Price has pierced the bottom band several times, which doesn't happen very often. Sometimes when price stabs through a band, that could be a signal the strength of the move has peaked and is now slowing down. A clue to...
PYPL got clobbered this year finding a low of a ~ 9 Gap PE ratio which is pretty undervalued. The stock recently took a medium term resistance and approaches my golden support from a while ago. I drew a local supply that needs to be dipped into as well. The 50 SMA collides perfectly into this supply zone. I am looking to potentially long this stock with a 60 day...
Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, NASDAQ:PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our " Magic Bands (PMB) " indicator.
NASDAQ:PYPL Bounced from the lower trend line. As I mentioned, in Oct 26 post, for this bounce to turn into a sustainable reversal it needs to get above $62. Better yet $65. $62 to $65 range represents the POC resistance zone. Upside targets: $60 $64 $75 $81 Downside risk: $51
Monday, January 22, 2024: $85 Monday, April 29, 2024: $130 The payment industry is undergoing significant change, and PayPal, a leading player, has faced challenges. The recent appointments of CEO Alex Chriss and CFO Jamie are pivotal in PayPal's journey. This thesis explores their strategies to revitalize the company in the dynamic payment ecosystem. Leadership...
Paypal is expected to earn 4.95 eps this year 2023 and yet the stock is lagging the sp500. If risk avoidance returns in the sp500, it is possible that paypal underperforms further if the paypal downtrend continues. However, wouldnt that be a value buying opportunity? if paypal reaches the 50 level and paypal continues to grow its earnings power (as analysts...
Ending diagonal pattern appearing in the fifth wave. Expecting a reversal in this stock. All the best, Happy trading.
Apple's foray into the payment industry is impacting PayPal's stock price, causing concern among investors. Analysts are closely monitoring PayPal's third-quarter earnings report to assess the company's current standing and future prospects. Despite projected earnings of $1.16 per share, PayPal's stock has been struggling, experiencing a 32% drop since the...
📶 S T A T I S T I C A L A N A L Y S I S Current 50-Day Market Trend: short/sellers/negative. Next Swing: positive swing to resistance. Next Wave: buy wave to the deviation. Next 50-Day Market Trend: long/buyers/positive. Trade Type: Touch & Go don't wait for a close. 💵 E A R N I N G S A T A G L A N C E Market Capitalization: 56.055B Release...
Here we have Paypal on linear scale, multi month bullish divergence forming inside a falling wedge. As a contrarian, I like this setup. Interestingly, the RSI is soon going to backtest the neckline of an inverse head and shoulder pattern coming in at 24.90% level in the oversold area on the weekly timeframe. Should this be backtested as support, I believe Paypal...
I am a big supporter of PayPal but I believe its share value will get worse before it gets better. According to its Q2 2023 results, the online payment company experienced a deterioration in its liquidity with a cash ratio difference (cash/total current liabilities) of -0.04 when compared to its Q2 2022 results. The Q3 2023 Earnings Call taking place on Wednesday...
Paypal has just been absolutely slain lately. The stock just keeps falling to lower and lower PE ratios. I do prefer Sofi as a growth play any day to the company. Following a multi-month downtrend in RSI there appears to be no floor to the stock price. The financial statements have been turning a corner and I am surprised that the stock continues to freefall. The...
Long where it began. Profit targets at dark green lines. Be mostly out at orange lines. Let the rest ride. Money sent.