Paypal
PayPal: More Weight! 🏋️Load up – PayPal needs more weight to gain enough downwards pressure! We expect the share to make it below the support at $66.11 and thus into the gray zone between $66.16 and $34.93. There, the course should complete wave II in gray and take off above the resistance at $93.52 afterward. However, there is a 35% chance that PayPal could conquer this mark earlier and skip its visit to the gray zone. In that case, we would consider wave alt.II to be already finished.
PayPal to find buyers at yearly lows?PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31)
Levels below 69 continue to attract buyers. 67.58 has been pivotal.
66.39 has been pivotal.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 78.51 and 80.51
Resistance: 75.30 / 77.80 / 79.30
Support: 73.00 / 71.09 / 69.00
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Shopify - It's Bear *and* Bull Hunting SeasonBefore Shopify's 10:1 split, it was trading for $1,800 USD. Notable because it was the Toronto Stock Exchange's biggest stock, trading over $2,000 CAD. This was the kind of stock that all the eyes used to be on.
The company processes payments on the Internet and the work from home lockdown glory days are gone. The next time we're all under house arrest will be because the governments want to act like the Chinese Communist Party; the priority won't be keeping people stable and placated like it was in 2020. Things will be scary, and so the fundamentals for this company will never be as good as they were before.
That being said, it looks like we're about to head/already heading into what I believe is a tech bear trap before Nasdaq goes big or goes home, a two-sided move which I outlined a few weeks ago:
Nasdaq NQ QQQ - Reality Will Be a Tough Pill for Permabears
Shopify is something to keep on your radar because, no matter how they file shelf offerings to dilute their share count and how that ought to affect share price because it's a really a function of marketcap, Shopify is the kind of thing that likes to go up and down 10 or 15 percent in a day, and when it does go, it has significantly major upside potential, which you can see on weekly bars:
And look, I get it, $45 --> $30 --> $115 is a real too good to be true sort of call, but it's not without its principled rationality.
After 179 trading days and 263 real days of consolidation, Shopify finally started to take out highs in the earliest part of '23. This comes after it took out significant long term lows in the October Low of the Year for indexes.
These two factors combine to tell you that the algorithms no longer point down, but point up. It's only that there is the risk that the "up" peaked when the stops over $50 were taken and everything is going down for real now. I'm only partially psychic. You'll have to get Jamie Dimon and Ken Griffin to tell you the concrete manifestation of what's going to happen.
But Shopify's price action is not that significantly different from what Netflix has done, except Netflix just never bothered to run the bottom and never really liked to go down, and has already gone up significantly.
What bears are missing from their doom thesis is this:
The markets will crash when the Federal Reserve pivots, not before. It's a "buy the rumor, sell the news" equation, my friends. They've been hiking for over a year, and long term, none of the big 3 indexes are actually bearish on monthly or weekly candles.
What people don't realize is that everything is setting up for a situation where inflation appears to be waning and will continue to appear to be waning for the next few months, and it's because we're in winter. This apparently deflationary environment will set the stage for the narrative that leads us to Nasdaq 14,500+.
Natural gas, oil, and gasoline will all supermooncycle in the summer because of significantly increased societal demand, and that means food, goods, services all go up too.
And in the meantime, the Fed is going to continue to hike at least 25 bps a session. So they're going to hike and hike and we're going to walk right back into big inflationary numbers starting in late May and through July while the FFR is already too high.
The Fed won't be able to start hiking 50 and 75 bps when we're already at 5.5% because the national debt is so super bloated thanks to the U.S. socialists spending trillions and trillions of dollars on so-called "stimulus," which really just amounts to raiding the Treasury and the future generations like pirates.
And so, the Fed is going to be forced to pivot at the worst time: in the middle of inflation that was worse than 2022, and the two factors combined is what is really going to cause the big gap downs.
And the gaps are going to run, because the Fed obviously won't be able to bail out the market this time, so there won't be any hopium for retail to huff.
There are other things that can unfold geopolitically around the same time, like the collapse of Xi Jinping and his Chinese Communist Party, Russia defeating NATO in Ukraine, and large scale environmental disaster and significant genuine pandemic diseases that are beyond the control of the globalists and their technology.
All of this combines to tell you that the dumpster the bears dream of is far away, which means that much higher prices are coming. It presents a death trap for people who are obediently following Discord signal groups, Zerohedge, Fintwit, and CNBC, instead of thinking for themselves, and an opportunity for the "few" who understand that "The Big Short" is being set up, and that "The Big Short" inherently means a run back towards high levels.
So buy this coming dip, don't capitulate, and enjoy the fruit of the moon mission that is the biggest exit pump of all time. Just make sure you get out, take profit, and keep your risk light.
You have to keep your eye on the Chinese Communist Party. It's been two weeks since the Lunar New Year and all the resulting travel stimulus from hundreds of millions of people being freed from months of house arrest have finished, and now there are reports that there are multiple significant mutations of Omicron SARS-CoV-2 emerging all over the world.
Meanwhile, if you check Our World in Data or the other aggregators, you'll see that the CCP claims there have been 0.00 new COVID cases or deaths since roughly Jan. 6.
This is obviously totally impossible. Not to mention the Communist Party is a chronic liar that only cares about its "stability" and isn't one bit concerned with how many people might die as it lies to the world and the Chinese people.
All of this should tell you that the pandemic situation is volatile outside of China, and extremely dangerous inside of China. The situation could devolve at any time, and at any time you can be stuck on the wrong side of a gap.
What you have to understand about the Communist Party and the globalist factors who have cultivated its methods and ways, who seek to export them globally for the unveiling of the One World Government/New World Order, is that the Specter of Communism's life's work is to destroy your life and to destroy humanity.
No joke. Its fundamental wish and its fundamental goal is to ruin each and every person and each and every thing. And so, the test for all of Creation is whether you can evidence, with both your words and deeds, that you don't want the Devil Red, and instead you want to enter the future that is the resurrection of China's 5,000 year-old culture of Heavenly Dynasties.
The choice is yours. It's your job to choose.
It's my job to tell you these words.
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 Long Resault: 25.28% Profit✅A good opportunity to long position and get a good profit from the attractive American stock market
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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?
PayPal touches SMA resistance - Analysis PayPal Holdings' stock (PYPL) rose in the intraday levels, while trying to correct the main downward trend in the medium term, touching the resistance of the 50-day SMA, with positive signals from the RSI after reaching overbought levels compared to the stock's movements.
Therefore we expect the stock to return lower, targeting the pivotal support of 68.50, provided the resistance of 89.30 holds on.
Paypal stock in a final bottoming processPaypal stock appears to be in the final bottoming process of its bubble crash pattern. While I personally have not owned or traded this stock since July of 2022, the time cycles on the chart have not been changed since that time, and yet continue to show accuracy.
The larger red cycle is a zone, and if the stock pulls back a bit just before earnings, I will be tempted to average in since I missed the smaller white cycle trough that just passed which led to a $10 parabolic squeeze already.
PYPL PayPal $2.5K fine for users spreading misinformationIf you haven`t sold PYPL at $171:
or reentered at $68:
Then you should know that PYPL PayPal has removed the policy that would have fined users $2.5K for spreading misinformation.
PayPal said the issue statement was a mistake and denied this policy.
I think it was a "mistake" that will lead to multiple accounts closing and because of that I just downgraded PYPL to $69.
Looking forward to read your opinion about it.
December 15 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The U.S. Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 0.75 percent of increases in borrowing costs by the end of 2023. Bitcoin is down 0.39% over the last 24 hours and fell to an intraday low of $17,565.00. The largest cryptocurrency rose above the $18,000 price level today, but the bulls are not able to hold the price above it, suggesting the sellers remain active at a higher level and investors are worried about the future outlook of the U.S. economy. If the BTC/USDT pair remains above the 20-day MA, the bulls will attempt to push the price above the $18,000 price level.
Today’s Cryptocurrency Headline
PayPal Partners With MetaMask to Offer Easy Way to Buy Crypto
According to a press release, PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet. Users will be able to choose to use their PayPal account to purchase Ethereum (ETH) within the MetaMask app while simplifying the process of transferring ETH from PayPal to MetaMask. Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.