PYPL LongNothing to say about pypl. I maintain a "Strong Buy". With conservative projections, It appears significantly undervalued, presenting a potential upside of over 100%. (For my future reference only, not financial advice)
PYPL trade ideas
V or W restart on paypal? watch out next week!This analysis is meant to make investors and traders aware that from Monday or Tuesday onwards there could be a significant retracement of the price.
There is still time to go up (best case scenario), but the monthly time frame is starting to run out.
From Monday/Tuesday onwards there will be 7 days to keep going up (16%) versus 37 days to go down (84%).
The strength of the retracement will have to be monitored over time.
Although it is the least likely possibility, we can not exclude a return of the price around 50 dollars, it is too early to consider terminated the multi year downtrend.
PAYPAL: SIGNIFICANT BULLISH DIVERGENCE FORMINGWhile the overall stock market has had one of its best years in a very long time, we can unfortunately see that Paypal has gotten no action in 2023 as this selloff has been ruthless for the stock
However, taking a look at the monthly chart, we can see the RSI on our Traders dynamic index reached a bottom on June 2022, & has been slowly advancing upwards since then, while price has moved lower
This means that BULLISH DIVERGENCE has been forming for the past 17 months & at some point, the stock under this pressure cooker has to rally substantially at some point
Currently paper trading some long calls exp. June 2024, might wait for price to go a little lower before entering positions...
There is a slight chance that Paypal's rally could be similar to Meta's, looking more like a U shape recovery rather than a V shaped recovery...
PAYPAL: $61.69 | For Takeover Spinoff Repackaging Qi earnings revenue are ok and positive
Adoption to Crypto seems to be working fine
Short Interest decreasing .. less short
yet
YET price or sentiment is negative
must be migration of float to new banker
for 2024 2025 run up cycle
reminds me of TESLA and recent PALANTIR
depression for CONTROL
as ebay the owner seems to be doin just fine
PYPL rejected at supply zonePYPL was immediately rejected on the local supply zone. This is likely a consolidation zone for another attempt at a breakout. I am long here but the chart reads neutral.
PYPL taking multiple resistancesPYPL is looking like a better call setup the more I stare at the chart. The stock has taken two important support zones, RSI is strong and its climbing to a local supply. Id take a 65$ price target on a call setup if I were to enter, I am thinking about it this am.
Paypal - Bullish and Bearish Scenario3 Panel Chart
Top Right Chart:
-Daily chart using bollinger bands. Both bands are open, and price has been dragging along the bottom band. Price has pierced the bottom band several times, which doesn't happen very often. Sometimes when price stabs through a band, that could be a signal the strength of the move has peaked and is now slowing down. A clue to know for sure is to look at how both bands appear. If both bands are vertical, then the move is powerful. In this case, the upper band appears to be flattening, meaning the move is weakening.
-Also Friday's candle printed a bearish engulfing candle. This can be a bearish signal for the short term.
Left Chart:
-This weekly chart concerns me. First, a death cross occurred on July of 2022, and the 50 ma (green line) has been acting as resistance and pushing price down.
-Also price has been bouncing around in a descending parallel channel. Last week price broke and closed below this channel (yellow arrow) and this is what concerns me the most.
-In 2022 price fell below this channel (yellow oval) and had trouble getting back into the channel. It took 91 days for a confirmation candle to get back in .
-Usually when price breaks below a channel, that line now becomes resistance. If Paypal fails to get itself back into this channel, we could see price drop significantly while it tries to battle its way back inside.
Right Bottom Chart:
-This is the 2 month chart. I like this chart because it's a big picture chart, and is more accurate than the lower time frames.
-With the bollinger bands pulling price down on the daily, and price breaking below the descending channel on the weekly, Paypal could fall between the $47-$40 level.(Orange Parallel Lines)
-Here's the warning: If Paypal falls below the $40 level, we need to monitor this carefully because you don't want a 2 month candle to close below $30. (Purple line) Thirty dollars is Paypal's all time low, and closing below this could be a death spiral, because there's no support below this.
This hasn't occurred yet, nor are we close to it, so no need to panic over it. It's just something you should be mindful about.
-On a bullish note, $47 is Paypal's support level. Currently price is at $50. If price can bounce up from here, the weekly candle could possibly get itself back into the descending channel in the left chart. And potentially start heading to the upper line of the descending parallel channel.
The key to watch is the weekly chart on the left:
-If price fails to get back into the channel, then the bottom line will act as resistance, and push price lower.
-If price is able to get back into the channel, then watch the stochastic rsi. (Orange circle)
If the stoch starts to point upwards with a cross, then price could be heading up towards the upper line of the descending channel.
-Never have your mind set on price going up or down.
There's always a bullish and bearish scenario. And be ready to adjust when things change.
The only guarantee is that there are no guarantees.
PYPL approaching prior support and supplyPYPL got clobbered this year finding a low of a ~ 9 Gap PE ratio which is pretty undervalued. The stock recently took a medium term resistance and approaches my golden support from a while ago. I drew a local supply that needs to be dipped into as well. The 50 SMA collides perfectly into this supply zone. I am looking to potentially long this stock with a 60 day out call setup.
Paypal - Heading for a new bull phase?Paypal's stock price seems to be forming a nice bullish chartist pattern, a falling wedge, which has been going on since the beginning of the year. If resistance is broken, NASDAQ:PYPL could return to a nice uptrend, after numerous DCA buy points have been given by our " Magic Bands (PMB) " indicator.
$PYPL - Bounced from the lower trendline.NASDAQ:PYPL Bounced from the lower trend line. As I mentioned, in Oct 26 post, for this bounce to turn into a sustainable reversal it needs to get above $62. Better yet $65.
$62 to $65 range represents the POC resistance zone.
Upside targets:
$60
$64
$75
$81
Downside risk:
$51
Paypal Long Position - New CEO + CFOMonday, January 22, 2024: $85
Monday, April 29, 2024: $130
The payment industry is undergoing significant change, and PayPal, a leading player, has faced challenges. The recent appointments of CEO Alex Chriss and CFO Jamie are pivotal in PayPal's journey. This thesis explores their strategies to revitalize the company in the dynamic payment ecosystem.
Leadership at PayPal:
Alex Chriss, the new CEO, brings a wealth of experience from his role at Intuit. His priorities include stabilizing PayPal's stock and enhancing its approach to small and mid-sized businesses. Jamie, the CFO, enters with a strong financial track record, expected to drive growth and operational efficiency.
Market Dynamics:
PayPal confronts competition from Apple and emerging payment forms, such as Venmo and cryptocurrencies. Consumers are increasingly adopting multiple payment methods, reflecting a dynamic landscape.
Strategies for Growth and Adaptation:
PayPal's strategies include addressing its stock decline, refining its services for small and mid-sized businesses, and embracing new payment methods like Venmo and cryptocurrencies to expand its market presence.
Conclusion:
The research offers insights into PayPal's response to changing industry dynamics. It highlights the potential for growth and transformation under the leadership of Alex Chriss and Jamie, positioning PayPal as a relevant and competitive player in the evolving payment landscape.
Paypal could flash a 10% earnings yield this yearPaypal is expected to earn 4.95 eps this year 2023 and yet the stock is lagging the sp500. If risk avoidance returns in the sp500, it is possible that paypal underperforms further if the paypal downtrend continues.
However, wouldnt that be a value buying opportunity? if paypal reaches the 50 level and paypal continues to grow its earnings power (as analysts expect), the earnings yield on paypal would be around 10% earnings yield.
Value investors would be happy to consider a stock earnings 10% which at the moment is almost twice the treasury rates and twice the AAA corporate bond yields.
Growth investors might also find paypal meeting PEG ratio buy parameters, since analysts expect 15-18% growth annually.
If paypal weakens further, a 50 handle would be tempting. Analysts still show a 21 $ eps for for 2032 which could warrant a valuation for future 2032 between 400-600 per share in good times, 9-10 years from now.
paypalEnding diagonal pattern appearing in the fifth wave. Expecting a reversal in this stock. All the best, Happy trading.
Paypal Close To Dropping Through $50!Apple's foray into the payment industry is impacting PayPal's stock price, causing concern among investors. Analysts are closely monitoring PayPal's third-quarter earnings report to assess the company's current standing and future prospects. Despite projected earnings of $1.16 per share, PayPal's stock has been struggling, experiencing a 32% drop since the beginning of the year, despite positive earnings reports.
So far this year, the stock has declined by 28%, with a 13% drop in October alone. This downward trend raises doubts about PayPal's ability to recover, especially since it lacks strong historical support levels. While the stock may find some support around the $50 mark, a significant rebound is necessary for a complete recovery. In fact, to reach its all-time high, the stock would need to surge by a staggering 505%.
Another significant obstacle is surpassing last year's low of $66. The upcoming third-quarter earnings report, scheduled for release on November 1st, will be crucial in determining PayPal's near-term outlook and its ability to navigate the challenges within the industry.
💵 E a r n i n g s J o u r n a l📶 S T A T I S T I C A L A N A L Y S I S
Current 50-Day Market Trend: short/sellers/negative.
Next Swing: positive swing to resistance.
Next Wave: buy wave to the deviation.
Next 50-Day Market Trend: long/buyers/positive.
Trade Type: Touch & Go don't wait for a close.
💵 E A R N I N G S A T A G L A N C E
Market Capitalization: 56.055B
Release Date: 11/01 AMC
Quarter: FQ3'23
_______________________________________________
Revenue Anticipations: positive surprise of Revenues.
Revenue Surprise-Confidence: on a scale of 0-9, #0
Revenue 2-Year Trend: the company trend in Revenues is positive.
_______________________________________________
EPS Anticipations: positive surprise of EPS.
EPS Surprise-Confidence: on a scale of 0-9, #2
EPS 2-Year Trend: the company trend in EPS is positive.
_______________________________________________
📝 S Y N O P S I S
🟢 Buy ~ If the earnings report is above the Wall Street consensus, I expect the market will buy the +surprise.
⚪ Neutral ~ If the earnings report is released with complicating press, I expect the market will avoid the surprise and invest in alternative securities.
🔴 Sell ~ If the earnings report is below the Wall Street consensus, I expect the market will sell the -surprise.
🔎 R E S E A R C H D E P T H
Technical Analysis: daily chart.
Fundamental Analysis: EPS & Revenue data.
Press/News: none.
Social Media: none.
☝️ P R O V I S I O N
The analysis presented is incomplete work thereby can't safely trade in the Market by itself.
PYPL in value territoryHere we have Paypal on linear scale, multi month bullish divergence forming inside a falling wedge. As a contrarian, I like this setup.
Interestingly, the RSI is soon going to backtest the neckline of an inverse head and shoulder pattern coming in at 24.90% level in the oversold area on the weekly timeframe. Should this be backtested as support, I believe Paypal stock will try to breakout of this falling wedge.
As you can see, price is making lower highs and lower lows, while the RSI is making higher highs which could indicate accumulation taking place.
Keep in mind there is a gap at the 44$ level, and this is also the 0.618 golden pocket level on my chart so obviously this could act as a magnet, but not every gap gets filled. This company is now trading at 2017 valuation while its fundamentals have greatly improved (about a 3x by most metrics) since then.
I started nibbling on some spot shares recently, and I will continue to average down in the next few months. Catching a falling knife is never easy, dollar cost averaging is the best strategy to reduce risk when doing so. I would not advise using leverage for such high risk high reward plays.
PayPal: Turbulent Journey, Promising FutureI am a big supporter of PayPal but I believe its share value will get worse before it gets better. According to its Q2 2023 results, the online payment company experienced a deterioration in its liquidity with a cash ratio difference (cash/total current liabilities) of -0.04 when compared to its Q2 2022 results. The Q3 2023 Earnings Call taking place on Wednesday (1 November 2023) should set the tone for what to expect in the coming months, a steeper drop in share price or a much desired recovery.
PayPal has had a rocky year with the retirement of its veteran CEO, Dan Schulman, who was officially succeeded by Alex Chriss last month. Because Schulman's departure was planned and not sudden, the change in leadership is not a concern for me. The online payment giant also recently launched its own stablecoin showing its willingness and capability to evolve with the times. All-in-all, I believe PayPal's shares have been mostly rocked by factors outside of its direct control (rising treasury yields, pandemic lockdowns lifting, recession fears, etc) so I am anticipating the Q4 2023 to be a pivotal moment as I believe that's where we will see how Chriss has managed the company.
Despite the expected turbulence I am going to load up on LEAPS calls as I believe this company is extremely undervalued and is due for a strong recovery once the current macroeconomic disturbances subside. If the price continues to slip, I can see us hitting a support around $40 which will be the lowest the stock has been since February 2017. While this would be difficult to stomach, it offers an exceptional purchasing opportunity. A potential near-future recovery to the $58.50 level is also possible; $65 would be the next stop if the $58.50 ceiling is surpassed.
Speculative foresight: noting Elon Musk's prior history with PayPal and his long-term desires for operating an online bank (a desire he has expressed exercising with the newly acquired Twitter, now X, platform), I believe we can expect an attempted merger or acquisition from Musk once he has extinguished the current fires at Tesla and X. In my opinion, an attempt to takeover PayPal would attract high volatility which could launch PayPal's shares to prior highs. This is all speculation of course and probably will not occur for several years, if at all.
NASDAQ:PYPL
PYPL hitting 2017 price levels Paypal has just been absolutely slain lately. The stock just keeps falling to lower and lower PE ratios. I do prefer Sofi as a growth play any day to the company. Following a multi-month downtrend in RSI there appears to be no floor to the stock price. The financial statements have been turning a corner and I am surprised that the stock continues to freefall. The price is also far below the 200 SMA which is concerning. I do think it makes more sense to long this than short this at these levels, I myself am staying out of it since I like SOFI more.
Can I Venmo You?Long where it began. Profit targets at dark green lines. Be mostly out at orange lines. Let the rest ride. Money sent.
PayPal Becoming Extremely Undervalued & Possible Bitcoin Plan.
I've been watching PYPL for the last year completely free fall out of logic.
1. I don't think PayPal is going bankrupt as they have 435,000,000 Active Accounts
2. They've been hit with the DeFi Fear selling resorting to testing out Ethereum.
3. They're now realizing Ethereum is garbage and makes zero sense meaning PayPal is closer to turning out and adopting a Bitcoin / L2 solution as PYUSD / Stable coins do have a place in this world.
Now its self explanatory I'd like people to remember what happen when Michael Saylor plugged (MicroStrategy) into Bitcoin it sparked a new life into the company.
PayPal? .435,000,000 Accounts? .Extremely undervalued?. Sitting at a 14.11 Ratio?. STDEV basically screaming oversold?.
Either PayPal is secretly bankrupt or the price needs to correct up.
I really do not understand what has happen to PayPal's share price it really reminds me of NASDAQ:META where you get this outflow of investors unable to see the main value here is the USERS they have not the business.
PayPal and META.
$PYPL - What's next?NASDAQ:PYPL Well, I missed the mark. Instead of a bounce, the bearish scenario played out and the stock dropped to $51.
If $51 doesn't hold, the price could drop further to $46-$43 area and close the gap.
I still think, $51 could act as decent support. For a trend reversal it would need a move above $62.
I will publish an update when there is potential for a trend reversal.
Time matter: next days again downtrend before earnings In this first video I explained how one can apply wave analysis to foresee in a statistical / mathematical way what the direction of the price could be.
It's something unique that allows traders /investors to be more aware about their decisions, as they can calculate how long a price can keep rising /falling.
For the next days we keep expecting the lowering of the prices at least till 31 October. It is not a case that earnings will be issued on the first of November.
By this analysis and others, will try to show how we can better interpreting algorithms that work on countdowns.
PYPL - immediate support + levels belowNo doubt, that this week is not only going to be important to the overall markets.
While NASDAQ:PYPL is, once again, at crucial support.
To me, the $49 area (.all time .786 on Log) remains a key point.
Closing the gap below that zone is kinda fine but already pretty overcrowded & obvious - making me leaning more to expect bears squeezing things further down. (e.g. after a little relief rally).
