PYPL - Has a monster potential
I am starting this analysis with some bias. I feel this company is in much better place than the price suggests right now.
Weekly chart is showing nice accumulation off of 60. Key pivot is still around 68. the longer price stays below, stronger the coil.
I want price to keep pushing to 68 first, then base there a little before shooting off.
I see this as a NETFLIX play. Great company being undervalued in the tough macro environment.
Disclosure: No position yet. No trigger for long yet...just a hunch based on volume near key price levels.