PYPL Asset: PayPal Holdings Inc. PYPL Trade Type: Day Trade - Bearish Setup 🔥
Trade Plan: Confirmed bearish setup with the Weighted Moving Average breakout. 📉
Entry: 📍 Take your entry at any price level. The setup is all about waiting for the market to show its true intentions. 🕰️
Stop Loss: This is Thief SL @ 68.00 🚨 ⚠️ Note: This is just a suggestion for Risk Management. Choose your own stop level at your own risk—always trade responsibly! 💸
Target: Target @ 60.00 💥 Why? Moving Average acting as Strong Support 🔧 Oversold conditions 📉
Trap is in play—get in, get out with profit. 💰 ⚠️ Note: As always, this is just a guide. Take profits at your own discretion—your risk, your reward! 🏆
Related Pairs to Watch: SQ (Square Inc.): Strong correlation with PYPL as both are in the fintech space. Watch for similar movements. ⚡ MA (Mastercard Inc.): A related big player in digital payments, similar market behavior to PYPL. 🔁 V (Visa Inc.): Another key player in the payments market, moves often in tandem with PYPL. 📊
PYPL Honestly - the company is solid. Issue is brand and focus. A rebrand should reposition PayPal from “legacy online checkout tool” to a modern financial infrastructure platform. They need to consolidate Venmo and Paypal, lean harder into crypto, maybe become some sort of credit, insurance, b2b tool, or something like that. They need a path to growth. When that happens, this stock will absolutely fly. Until then, we’re likely headed lower - probably into the high 40s.
At a time when AI companies are burning unprecedented capex with questionable returns and sky high valuations PYPL is a free cash flow generating machine on the order of $7B/yr, and the stock is in the tank.