Navigating Profit Zones: Guide to Trading $PYPLIn the world of stock trading, especially with NASDAQ:PYPL (PayPal Holdings Inc.), it's like shopping at a wholesale and retail store combined. Here's how it works:
- Wholesale prices for NASDAQ:PYPL stock range from $50 to $56 per share.
- Retail prices, where we aim to sell, range from $96 to $100 and can go even higher. (unless long term holder)
Now, let's break it down into simple terms:
- Orange Zone:** This is when the stock is on sale, priced low in the $50-$56 range. It's like getting a good deal on your favorite stuff.
- Blue Zone:** Prices are still reasonable here, neither too low nor too high. It's like buying something at a regular price, not a sale, but not overpriced either.
- We steer clear of the high-priced zone because it's like buying something too expensive; it doesn't make sense for us.
Now, considering NASDAQ:PYPL seems to have a long-term bullish outlook, it's definitely appealing at wholesale prices. That means it's probably a good idea to buy when it's in the orange zone, especially if you're thinking long-term.
So, to sum up, the strategy is simple:
- Look for NASDAQ:PYPL when it's on sale (orange zone).
- Avoid buying when it's too expensive.
- And if you're thinking long-term, wholesale prices are your best bet for a good deal.
