11/15-11/19 watchlist #1 $PYPL +$210
Price targets: $220, $224
Technical Analysis: Gap fill
News Catalyst: N/A (Trading based upon TA)
Paypal
Paypal up!!!Hello Guys, Paypal goes up again because the Chart hitted a strong support zone. I think Paypal will gain up to 10% in the next few weeks ;D
what you guys think?
#paypal
PayPal strongly bullish after huge dropAs we know, PayPal's Q3 quarterly have shown a steady growth of the company, which is also trying to open up to collaborations with a giant like Amazon. However, this had an anomalous effect on the markets, where PayPal lost more than 10% in the following days.
At this point, using a Fibonacci retracement with a minimum set in May 2020 (ie when the main lockdowns are over and a "new era" has begun for everyone, including the markets), we note how the decline of these days has reached the famous "61.8%", one of the most recurring and well-known retracement points in the trading world.
Let's add how a company like PayPal has hardly already reached its waning phase, and indeed still has to reach its maximums (introduction to payments with crypto).
I leave the conclusions to you, I only tell you that in my opinion this is the right time to buy PayPal on sale
PayPal - Ignore the noise - Strong buyRSI indicator showing that PYPL is oversold. We see a rapid reversal.
1D RSI @ 19.
PayPal profit beats estimates, U.S. Venmo users can pay on Amazon from next year
The San Jose, California-based digital payments company's net income rose to $1.09 billion, or 92 cents per share, in the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a year earlier.
On an adjusted basis, PayPal earned $1.11 per share, above analysts' average estimate of $1.07, according to IBES data from Refinitiv.
Net revenue in the third quarter rose over 13% to $6.18 billion.
Bought PYPLBought PYPL
Overextended
Entropy decreasing with significant positive correlation
Might have to HODL for a bit but w/e
49% upsideNice, stock, nice results, the future of the metaverse payments system, if you are looking for a quality name this is the name Paypal, 40% in a few months
PYPL cheaper relatively to average price than it has ever been#pypl is a strong buy. 30% down from average yearly price, currently sitting below the average price paid this entire DECADE. IT is 25% down from the 200 EMA, in the entire history of paypal it has never been this low relative to the 200 average. This is an easy buy. Current fair price is $260. Fear mongering for cheaper tute shares. Don't listen to donkey brain bears who started trading this year. I am in heavy at 15% of my portfolio personally. Not financial advice.
Next level ease payment solutions maybe coming from PYPLWe can't know what is news or facts coming from a public traded company. But we can do analyze and predict the stock price movement by reading what the market is tryna communicate us through charts. I love to trade expanding flat corrective structure. Because it leads a continuation of a current trend. Cheers!
PYPL idea #1Price at year's Lows. This wedge could trigger daily chart reversal.
May want to cut size into earnings.
$PYPL | REQUESTEDPayPal looks to be finishing up a regular flat for the corrective wave 4. They report earnings on 11/8 AH.
Things to note:
- Sitting on diagonal support
- Completing corrective wave 4
- Daily RSI showing a lower low (Seller Exhaust)
- Daily chart showing higher low/double bottom forming
- Possible hidden bullish divergence forming (Signals Continuation)
All the relevant levels and directions in PYPL Today we will take a look at Paypal ; let's start with the main technical elements we can see:
First: The support and resistance levels. Currently, the price is against a major support zone working since the beginning of the year. From here, we have defined the next support level and the next resistance zone. Both will be working as primary targets, either for bullish or bearish resolutions.
Regarding the bullish view, we have two descending trendlines we should pay attention to. Based on previous behavior, we can expect corrections during the ascending movement. Either on the first one or the second one. The cleanest setup based on a technical perspective would be to wait for contact on the 2nd trendline and see a clear correction. IF that happens, then we can trade towards the Next resistance zone (previous ATH level)
Regarding the bearish view, we are NOT taking short setups on stocks. However, the scenario we think would be a clear confirmation of the bearish view would be:
-Bearish breakout of the support level
- Pullback on the broken support level
- A new local low after the pullback would be the confirmation of the bearish movement towards the next support zone (180.00)
Thanks for reading! Feel free to share your view and charts in the comment box.
PAYPAL ON STRONG DEMAND ZONE, READY FOR BULLISH REBOUNCEPayPal stock quick analysis & labeling of the supply and demand situation in the market.
Marked out on the chart you can see zones of supply and demand, and we are approaching a zone of demand coming into this earnings release.
Should PayPal post solid EBITDA and raise its outlook at all, then any bounce might be able to be traded risking off of this demand zone with a target of the previous supply zone around 305. Should it fail to do so, then the stock may breakdown past this zone of demand, and sink further as it's growth multiple is re-rated lower.
While PayPal is relatively expensive right now, its solid (and accelerating) growth of 24%ish over the last year may continue, thus driving the stock higher.
We are also trading at the recent relative limit of discount to average pricing, at nearly -8% to recent prices. This may be a signal of slowing future price acceleration to the downside into earnings.
A potential trade around this release would be a weekly anchor spread, which is a calendar with one leg pre earnings , and one post earnings . Should the stock vol begin to calm into earnings as investors position for the news, it may be a solid way to take advantage of that with a ~$300 win per contract.
Additionally, an interesting bet may be a far otm long strangle, with the long put lower than the zone of demand - bet on a breakdown. If it happens, it may be ugly.
Technically we have great levels working here, globally uptrend and locally downtrend. The level was confirmed with two false breakdowns.
We have to note 13th of November reports also. And we can expect accelerate movement from 220 to 300$.
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Paypal (PYPL) corrective. Target 200Paypal is correcting and it seems to go on to at least the earnings day 8 november, but probably further to reach 50-61.8% retracement
After that an impulse will follow into next year
PayPal (PYPL) Analysis
PayPal was one of the companies that post-covid has grown the most, we are talking about a + 271% from the lows of March 2020 to the double maximum reached between February and July 2021.
A dizzying growth with always positive Earnings, which beat expectations.
Except that of July 28th.
This time, albeit positive, the earnings proved to be disappointing, and in fact, on July 29 the stock opened in a gap down of more than 5% and then gave way to a bearish phase that lasts until today, where we are just two days old. of heavy sales due to the rumor that the holding of San Jose is in talks to buy Pinterest.
Physiological pull-back based on news or the start of a major bearish phase?
Paypal has, compared to the past, a lot more competition, and it won't be long for Amazon to enter this brokerage business.
The company is moving, precisely because it knows that there is a need for news for investors. The purchase of Pinterest could be strategic, as the creation of e-commerce on the platform, with the experience and ecosystem of PayPal, could be very interesting and profitable.
Without forgetting that eBay has changed its policy a few months ago, creating its own payment ecosystem and making it mandatory, excluding PayPal from a partnership that lasted for about two decades. (I'm speaking about the European situation).
The future scenario remains uncertain.
The November Earnings will be crucial.
From a graphic point of view, the entry levels are quite evident and stand at:
- $ 240 current level, but I decided to wait
- 213 $ area, first volumetric level of some importance
- $ 173 of course, should it ever arrive here, I would definitely buy one.
Happy trading
Lazy Bull
PAYPAL - Long Short/MidtermAll analysis points indicate that Paypal (PYPL) could be a fantastic trade to the upside with the first price target being $253
TSLA - PUTS - OPTIONSAll,
First off I like TSLA, Elon etc. They had an absolute monster run, but what goes up most come down (some). I think we see 760s or 750s retest. Adding PUTS once it fails up here and volume dies off. Also some semi not great news recently. Once again TA and bull run coming to an end I think.
Paypal ( PYPL )Here is a brief technical analysis for people who are willing to buy paypal stock for long term , 235$ might be a good zone to start accumulating the stock it could go down to 225$ level
PAYPAL HOLDINGS : CMP 258Stock Completing Daily time correction on pricewise and Timewise...Now Just need to Breakout which will happen when Stock Breaks 270 levels on a closing basis...After breakout Stock Will expected to touch levels of 360
Let's make a deal!Paypal is in talks with Pinterest about a possible takeover. The price per share is being discussed in the neighborhood of $70. It would be around $39 billion. Potential earnings, if you go in at this point, could be 11%.
Watch closely, there could be pullbacks. You can exit the trade with a stop loss if it goes above the 61
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Pypal in bearish trendFor Paypal, The tentative to continue the bullish trend has failed. And now the trend is bearish in daily.
The targets are : 251, 249 and 234
LTC is a silver in cryptocurrencyLTC has survived over ten years that is a silver in cryptocurrency.
SLOWLY BUT SURELY!
PayPal under pressurePayPal Holdings Inc shares fell 1.22%, or $3.19 per share, to close Wednesday at $259.00. The stock showed a lot of weakness since the company's latest earnings report on July 21 showed a higher sales and earnings in Q2, but, its projections for the full-year 2021 were downbeat.
The stock has violated the ascending trendline aggressively with a downward gap confirming the formation of a bearish reversal pattern on the daily timeframe. PYPL may extend its pullback hitting the pattern's target at $235.00 that corresponds to the 38.2% Fibonacci retracement level.
