$PYPL | Allocated & Watchlist | Buy Limit & Buy Stop |Technical Confluences:
- Stochastics are in Overbought conditions in the Daily Timeframe
- Price is close to the top of the Parallel Channel and is currently in the Interest Zone
- Price action bounced off the Mid of the Parallel Channel which strengthens a bullish trend
- Fundamental Confluences:
- Paypal is considered a market leader in digital payments space due to its extensive network, brand recognition and services
- Revenue has been constantly increasing every quarter but lacking in revenue growth
- Better EPS, good FCF and reduced operating expenses are good storylines
- However, digital payment systems are facing alot of competition these days and Paypal being one of the initial pioneers will definitely need to step up and conquer back this space
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I have previously allocated into Paypal previously at 58.80 (when it was bouncing off the 78% Fibo retracement line.
I am still watching to continue to build up my NASDAQ:PYPL allocation. I will be looking to add more in the higher Buy Limit zone if the price breaks the Parallel Channel and goes above the Interest Zone.
I will also look into buying again close to the 61% and 78% Fibo line; assuming price cannot break the parallel channel this round and retrace backs down.
Will continue monitoring it.
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Paypallong
Paypal long ideaas you see in chart; in case happening RSHS formation, there is crucial price can break or not head price level. if it happens, then i expect rise in price amount around neck length. also rsi moving average for 4h is very low level. so it is supports my idea for rise in price. SO we can set up long position in chart.
PayPal is starting to recoverHi, according to my analysis of Paypal shares. There is a good buying opportunity. The stock appears. In a positive condition with the stock exiting the descending channel. And breaking the strong resistance at level 68. Which indicates a strong entry of buyers. Good luck to all
Interpreting the PYPL fallPYPL has fallen ~25%, this provides a great dip buy opportunity. It is barely a dip but a pullback to a major trendline.
The falls can be attributed to each moving average, the first the 50MA (in green), the second the 100MA (in orange), and the third and current, the 200MA (in red)
Great buy
PayPal (PYPL) AnalysisPayPal has reclaimed a nice trendline
On this chart two points can be compared that are very similar
The first point ends up with bullish continuation, hence we can make the assumption that the second formation, due to it's similarity will act the same
Key comparable areas in corresponding colours.
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.
PAYPAL OPPORTUNITYPayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders
Divergence on the daily for PayPal. Excellent opportunity with 1: 2 risk return