PYPL (PAYPAL)- correction continuingPYPL (PAYPAL)- looks like it is continuing correcting at the bottom
PYPL trade ideas
PYPL (Major Support Bounce)PYPL PRICE RECAP:
On Feb 2nd, 2022 PYPL sold off to create a massive GAP ranging between $140.57 to $170.76. Ever since this GAP down, PYPL has been in a longterm down trend that has been consolidating into a larger falling wedge formation. PYPL has recently broken out of this longterm down trend / falling wedge. After the breakout, PYPL attempted to make a move to the upside from Jan 27th to Feb 2nd to retest the resistance zone between $90.13 and $92.59. PYPL has now retraced back down towards the support and demand zones near the 2020 lows. This retracement is also a retest of the falling wedge downtrend resistance line turned support. Dating back to 2018, PYPL’s price has bounced from this MAJOR support zone between $68.41 and $73.39 a total of 7 times since then, resulting in some big moves to the upside. Now that PYPL is back at this MAJOR area, it is a great watch for a long term investment opportunity or even a long term LEAPS opportunity. In confluence with PYPL’s price returning to such a strong support zone, price is also within the 78.6% and 88.6% FIB levels, which are very key levels when using fibonacci retracements to make longterm investment decisions. Another piece of confluence is that PYPL has formed and completed a falling wedge at this level, which is a bullish reversal chart pattern. For the final confluence factors, PYPL is displaying bullish divergence on the weekly RSI (shown on chart) as well a possible inverted head and shoulders on the daily/weekly timeframes.
TRADE IDEA:
I am now watching for PYPL to make another move lower between $73.39 and $74.99 to start scaling into some longterm holds. If you have no interest in grabbing and longterm holds on PYPL, you be interested in buying some longterm LEAPS options contracts. If you decide to enter LEAPS do so with an expiration of at least 6 to 12 months out with a first target of $85 0r $90. Stop Loss below $66.17 (break and hold on the daily/weekly)
$PYPL: CEO departing could be bullishNice technical setup and an interesting earnings report. To begin with, the CEO will be departing by year end, which normally is a long term bullish pattern after a huge decline.
Branded checkout maintained E-commerce market share during 2022, and guidance is surprisingly positive if we don't have a recession here: "2023 guide assumes pressured discretionary spend. We see signs of cooling inflation & it's logical to expect rising discretionary spend... but we did not build this into forecasts. Q1 is starting stronger than anticipated with branded checkout accelerating." (Schulman dixit).
There was a substantial risk reduction from cost savings and layoffs (around 600m) which investors will appreciate as a safety net in this environment.
It's been a long winding fall, since the stock peaked in late 2021:
This could be the next $META type idea...Worth a shot.
Best of luck!
Cheers,
Ivan Labrie.
PYPL could make a sharp rally. Same theory being used here as with ARKK and SNAP.
One the low of the trend leg is spiked out, there's the panic exits and this is most commonly a bounce level.
whats paypal going to do once it recovers the 236we've now witnessed some excellent retrace and reaction. will PayPal follow suit?
PYPL is Near Record Low ValuationPayPal (PYPL) stock has come down to the lowest valuation value and come close to record low valuation. PYPL stock is traded near 3x book value. The stock has earn steady stream of income. The price has comedown to the level where it is more make sense to hold it for long term growth. I guess it's a good time to enter the market and hold it now for longer term.
We are using Stock Value Rainbow to evaluate stock valuation based on four valuation metrices: book value, earning, dividend and cash flow. The rainbow color depict the multiples values of all these four factors sum up together. The rainbow above the gray lines represent 1x, 2x, 3x, .., 10x of stock value. While rainbow below the gray line represent 0.8x, 0.6x, 0.4x, 0.2x stock value. The higher the value the more expensive the stock, the lower the value the cheaper it is according to these fundamental or financial valuation metrices.
PYPL PayPal Options Ahead of EarningsIf you haven`t shorted PayPal after my last chart:
Then you should know that looking at the PYPL PayPal options chain ahead of earnings , I would buy the $85 strike price Puts with
2023-4-21 expiration date for about
$6.30 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
PYPL breaks or bounces from support? 🥶make or break area here, break below 78.08 and quick flush down to 69.84 is possible
I would not consider a high confidence long unless we break trend resistance/89.03 🔭 but a bounce from this make or break area can be good for longs scalping
boost and follow for more. thanks 💙
PYPL Long Resault: 25.28% Profit✅A good opportunity to long position and get a good profit from the attractive American stock market
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
PYPLA good opportunity to long position and get a good profit from the attractive American stock market
Stay with me to get more analysis after following me by sharing with friends and leaving a comment.
According to my risk and capital management system, the risk of each trade is one percent per position.
What do you think about this analysis and other analyses?
What symbol would you like me to analyze for you?
$PYPL targeting 100-105 from here. It has bounced off the horizontal support zone and it has cleared the blue resistance. More upside towards 100 is next.
PYPL - Reversal Potential (Original Post was on Dec 25, 2022)Original idea was posted on 25 Dec 2022, the post hidden by the administrator because it was using Indonesian Language,
Based in Fibonacci Retracement, current price area is the last support for the downtrend.
This area has been tested on June 2022 where PYPL successfully reverse back in its minor trend.
From the chart, seems that current support area is the combination between trend line and horizontal support from previous low, area $67.58 - $68.51 will be the critical to decide whether reversal will be repeated or not.
OR, current price action will lead the price to major trend line (7% risk from current price).
In the smaller timeframe (4H Chart), candle position is currently below EMA200, Monthly Pivot, and also Quarterly Pivot, so that for trading position, Weekly Pivot solely become our speculative buy decision point. Pivot Point for next week will be at $ 68.53 and last price on Friday Closing is at $69.03, MACD on 4H timeframe also shows Bullish Divergence. $PYPL situation is currently interesting for next week trading.
If the price can stay above $ 68.53, it is possible that the reversal will be repeated and possible continued with ranging proses for accumulation phase, we'll see that next week.
If the Stochastic can breakout from Value 50 Line, you might execute long position.
Disclaimer:
Writer is not responsible for any trading activity by individual who read this analysis.
Writer do not have any position in PYPL when this analysis is posted.
----------------
Currently NASDAQ:PYPL has been up 2.17% from the last price that original posted was hidden by the administrator.
Real World Traders--> A young Warren Buffett would be buying lowPaypal is at a extreme low and perfect opportunity to buy for the long run. BUY LOW SELL HIGH
PayPal is considered a good buy opportunity due to its strong fundamentals and technicals. On the fundamental side, the company has a strong business model that provides a convenient and secure platform for online payments. This has resulted in a growing customer base, as well as increased revenue and earnings growth.
Furthermore, PayPal has made strategic investments and acquisitions to expand its offerings and increase its reach in the financial services sector, which is expected to drive growth in the future.
From a technical perspective, PayPal's stock price has shown a positive trend, breaking through key resistance levels and forming a bullish pattern on the price chart. This suggests that the stock has strong momentum and is likely to continue to increase in value.
In addition, PayPal has a solid balance sheet with strong cash flow, which provides financial stability and gives the company the resources to pursue growth opportunities.
Overall, PayPal's strong fundamentals and positive technical indicators make it a compelling investment opportunity for those looking to buy into the stock market. However, as with any investment, it's important to do thorough research and consider individual financial goals and risk tolerance before making a decision.
Downward ChannelA little outbreak has been sold and the sale is retracing now. As we have fallen back into the downward channel and the ADX shows no momentum I suppose that the attempt to rise will come to a halt. This idea finds support as we could not rise above the resistance line that has been tested since 2020.
$PYPL : A bullish ideaPaypal is trading inside a broadening wedge and i expect a new bullish price action once the wedge is broken upwards. waiting for confirmations..
PayPal Cup and Handle Potential cup and handle pattern set up on PayPal. Needs to stay above $68 and break out from neckline. Target is $122
$PYPL: Reversal signal in the daily$PYPL has a nice bullish trend signal, which could be the start of a new bullish trend for longer than one signal in this timeframe, provided it stays up after the target is hit and the projected time duration of the move pans out, forming a new sideways move near the highs, before breaking out again...
Reward to risk here is very good, so it might be a nice play.
Best of luck!
Cheers,
Ivan Labrie.
[Paypal] bullish untill $180Golden cross and bullish divergence.
This analysis is a trend assumption, do your own research.
2 Open WindowsPaypal has gapped up twice. This means that the momentum has rise so fast that higher targets may be envisaged. According to Fibonacci this is still a retracement of the fall from 92.62(the green dotted line). But due to the high momentum and the growing market sentiment I expect a completion of the Fibonacci targets.
PYPL LongDemand Zone Confirmation
Earning 11/3/2022 reported 1.08
Entry 80.68
Stop 75
Target 92.5, 110
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
what's next for fintech ?PYPL been falling for a while now last year i called PYPL to the dirt and so far they not letting me down so the next question is where is the bottom im looking around $35 right now its having a pull back but how long will this up trend will last ?
