PayPal needs adjustmentPayPal needs adjustment, too high expectations for growth, which means big players need to dump dead weight to buy at a better price
Two options:
1. Most likely, a decline to 67, and further growth
2. Least likely, a decline to 60, and still growth
The lower the decline, the faster it will grow
I'm waiting for level 67
Paypalsell
Continued downside for PYPLPYPL has significantly weakened after breaking consolidation to the downside starting May 8, 2023.
Looking at the weekly chart, the most obvious downside targets I am seeing is $57.0 FVG under the Weekly SSL line and $47.4 FVG with $44.5 Weekly +OB as a draw on liquidity.
Once price reaches $44.5, I anticipate price consolidation in the form of accumulation by institutional players at a steep historical discount before any meaningful move higher.
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: Below Deck 🚢Paypal is currently following a downward trend below the resistance line at $93.52, where it should stay until the overarching wave II is completed within the grey target zone between $66.16 and $34.93. Thereupon, the course should turn back North and recover to continue its movement further above the $93.52-mark.
PYPL at May 2019 levelIf you haven`t sold the stock ahead of earnings:
Then you should know that PYPL is at the May 2019 level and approaching its strongest support area.
I would expect some consolidation here, until they figure out how to lower those commission fees that are `killing` the people who are using PayPal. From my personal experience as a seller, i try to avoid PayPal as much as i can because of the fees. :)
Strong competitors are coming.
Looking forward to read your opinion about PYPL.
PayPal outlook starts to flag!PayPal - Short Term - We look to Sell a break of 179.11 (stop at 201.11)
Posted a bearish Flag formation. A break of 180.00 is needed to confirm the outlook. Closed below the 20-day EMA. There is no indication that the selloff is coming to an end. This move is expected to continue and we look to set shorts at good risk/reward levels.
Our profit targets will be 129.11 and 118.00
Resistance: 190.00 / 200.00 / 225.00
Support: 180.00 / 150.00 / 130.00
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PYPL PayPal: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for PayPal Holdings, Inc. (PYPL).
The chart is self-explanatory. Price dropped significantly and has the possibility for a retracement back up with the RSI in the oversold region. If price drops further, there is a strong support region below. Keep an eye on the 0.618 Fibonacci Retracement area if price moves back up.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Double Top Pattern, Descending Broadening Wedge, Fibonacci Retracement, Death Cross, Simple Moving Average, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have additional charts below on cryptocurrencies, stocks and more to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
PYPL ARK Invest sold PYPL ahead of EarningsYesterday Ark Invest sold more than 23K shares of PYPL just before the upcoming earnings this week.
Most likely today will do the same, since they tend to continue a buy or a sell trend.
The options are slightly bearish too, with more puts than buys recently.
PayPal (PYPL) is expected to earn $1.12 a share on sales of $6.89 billion.
With the rise of so many payment companies with low fees, and also banks who want to keep up with the new fintech, i wonder how PayPal can still have such a high PE Ratio (TTM) of 41.34!
My day to day experience with PayPal as a merchant makes me consider it an extremely expensive way of payment compared to others.
Considering the chart, fundamentals and current market conditions, my price target is $124.
Looking forward to read your opinion about it.
$Paypal & $BTC Dumping, As One. Technically both assets seem to be exhausted and a trend reversal is imminent. From the Looks of the MACD Indicator, we are in the early hours of a bear market initiation and we need to be prepared for exchange power outages and whatnot. Please DYOR and Happy Trading. Hit the like if u agree and best of luck trading.
PayPal SHORT swing - PYPLPYPL stock is reaching BIG RESISTANCE around $253. It is a good opportunity to realize your profits before a possible correction. If you want to short, the target price for SHORT profit is $207. I recommend PayPal price around $200 as a good entry-level to BUY this stock if you want to hold it longer. A price of around $180 should be perfect to jump on the train with a bigger position.
PYPL LEVELS:
$253
$242
$207
$200
$180
Paypal Breaks Covid-19 Bull Flag!Paypal breaks the Bull Flag since the Covid-19 V-shaped recovery, and has now huge upside potential.
On the Weekly already, we could see the nice EQ zone between 215 & 175 forming, another rejection at the tops & subsequent break would've been preferable, but it's ok.
As long as the bulls can keep the momentum now, we are looking 240 and potentially beyond.
This trade would be invalidated, if we fake-out and come back into the EQ. We have a clear Daily HL at 206 to watch out for in this case:
Happy investing & trading!