PYPL (WYCKOFF Accumulation)PYPL currently is under accumulation according to WYCKOFF Theory. My view is it is currently in bullish accumulation mode. Watch out for 2024, PYPL is a raging bull if WYCKOFF is correct.
My opinion.
2PP trade ideas
PYPLbearish set up
bearish trend line
printing LH and LL
sell limit trade at 0.61 Fib retracement
with !:1 RRR with TP1 and TP2
PAYPAL - BUY OPPORTUNITY!!!Taking a BUY position on PAYPAL to SWING TP AREAS. Aim is to hold position for LONGTERM EQUITY growth as PAYPAL looks to establish its position from here for long-term growth with the launch of its new stable coin PYUSD as well as a newly assigned CEO.
THIS IS A LONGTERM SWING POSITION!
Trade Safe
Correction has BegunYesterday the red candle can be seen as a signal that the price won't rise now immediately. Today Paypal has opened lower despite a small recovery of the overall market.
The window that was open from September 20th to 21st had been closed meanwhile but may be considered as some kind of an exhausting gap in the view back now. I see a consolidation around this level.
Paypal Weekly ChartGrowth Story: with algorithms
Global Reach: Over 426 million active accounts across 200 markets, spanning diverse regions and demographics.
Platform Expansion: Beyond its core peer-to-peer payments, PayPal offers branded checkout solutions, merchant services, and even credit products, broadening its appeal.
Mobile Focus: Investing heavily in mobile payments technologies like Venmo and Braintree, capturing the shift towards mobile transactions.
Fundamentals:
Revenue Growth: Solid track record, exceeding 7% y-o-y growth, despite a slight dip in 2023.
Profitability: While not yet consistently profitable, margins are improving.
Valuation: Trading at a moderate valuation compared to past highs, potentially offering value.
Mt. Gox Reportedly Starts Repaying Some Creditors Via PayPalMt. Gox appears to have started repaying some creditors after the defunct bitcoin exchange’s trustee said last month that it would repay creditors in cash shortly.
In a Reddit thread, several users — who appeared to be creditors of the defunct bitcoin exchange — said that they received their Mt. Gox payments through PayPal today.
“I just got paid,” one user named Free-End2543 wrote, attaching a screenshot of an emailed notification from PayPal.
“I just got my initial payment via Paypal!! I was sure it was a phishing attempt on my email, but nope legit money in JPY,” another user named rpostwvu said, with several others posting similar messages on the social media platform.
One user from a Telegram group chat titled “MtGoxCreditors” confirmed with The Block that they received a Japanese yen-denominated payment — dated Dec. 25 — from the Mt. Gox trustee on PayPal.
Mt. Gox’s rehabilitation trustee did not immediately respond to The Block’s request for comment.
The reported repayments come after the exchange, which collapsed in 2014, said last month in an email to creditors that the rehabilitation trustee is “making efforts to commence repayments in cash within the 2023 calendar year.” Repayments, however, would likely “continue into 2024” given the large number of rehabilitation creditors, the trustee said.
In September, Mt. Gox extended the deadline for rehabilitation creditor repayments from Oct. 31, 2023, to Oct. 31, 2024.
Launched in 2010, the Tokyo-based platform gained popularity and became the largest bitcoin exchange by 2013, servicing 70% of all bitcoin trades worldwide. However, it stopped all withdrawals in early 2014 when the business suspended trading. The site soon went offline, and the company filed for bankruptcy protection after losing over 800,000 bitcoins.
PAYPAL COULD SEE A GAMESTOP TYPE RALLYThe similarities between NYSE:GME in 2H 2020 & NASDAQ:PYPL today are too similar to not ignore...
BOTH had bullish divergence flashing on the monthly RSI. Which is super rare to see
Especially when you take a look at the monthly charts of $NVDA...
and NASDAQ:META :
DO YOU SEE ANY BULLISH DIVERGENCE ON META's & NVDA's MONTHLY RSI?
NO!
BUT YET NASDAQ:NVDA IS UP 234% YTD & NASDAQ:META IS UP 185% YTD...
THIS IS WHY NASDAQ:PYPL IS SETTING UP FOR A MONUMENTAL MOVE IN MY OPINION IN THE 1H OF 2024
PYPL; Out of the pits of depression?
Technicals
- Oversold RSI
- Matching trend for market cycle (very close to depression)
- Strong chance of capitulation complete (83% down over 973 days)
- Far extension from 50MA
Macro
- FED to begin cuts (mainly bullish in long term)
Investment Thesis
Overview:
PayPal Holdings Inc. stands as a dominant player in the digital payment sector, having sustained its leadership for over two decades. With a market cap of $82.80B and an enterprise value of $58.82B, PayPal showcases robust financial health. The company's platform, serving millions of consumers and merchants across more than 200 markets, is a testament to its expansive reach and established brand presence.
Bullish Factors:
Strong Market Position: PayPal's extensive reach and established brand provide a solid foundation for continued growth in the digital payments industry.
Consistent Financial Performance: With reported revenue of $29.128B and an EBITDA of $5.931B, PayPal demonstrates healthy financials. The company's quarterly year-over-year revenue growth of 7.67% indicates a strong business model capable of expanding its customer base.
Innovative Technology: Leveraging technology for convenient, affordable, and secure financial services, PayPal is well-positioned in the rapidly evolving digital payments landscape.
Diverse Product Portfolio: Offering a range of services, including peer-to-peer payments and business solutions, PayPal caters to a wide customer base, enhancing its market appeal.
Growing User Base and Strategic Acquisitions: The consistent increase in PayPal's user base and its strategic acquisitions and partnerships contribute to its revenue growth and market expansion.
Risks to Consider:
Competitive Market: The digital payments sector is highly competitive, necessitating continuous innovation to maintain market position.
Regulatory Challenges: As a financial services provider, PayPal faces stringent regulatory requirements, which could impact its operations.
Technological Risks: Continuous investment in technology is crucial to safeguard against cybersecurity threats and ensure service reliability.
Economic Sensitivity: PayPal's performance is somewhat tied to the global economy's health, with economic downturns potentially affecting transaction volumes.
Currency Fluctuations: Global operations expose PayPal to currency exchange risks, impacting financial results.
Financial Leverage and Revenue Model:
Debt-to-Assets Ratio: PayPal's debt-to-equity ratio of 2.88 suggests a higher level of debt, but its strong EBITDA and free cash flow yield indicate a good position to manage this debt.
Investment in Growth: The strategic use of debt financing is aimed at fueling growth and expansion in a competitive market.
Largest Revenue Model: PayPal's primary revenue comes from transaction fees, with additional income from subscription services, merchant services, and interest on loans. The volume of transactions processed on PayPal's platform is a direct revenue driver.
Conclusion:
Investing in PayPal presents an opportunity to participate in the growth of a leading digital payments company with a strong market position, consistent revenue growth, and a focus on technological innovation. The company's strategic use of debt financing and diversified revenue streams further strengthen its investment appeal. However, investors should consider the competitive landscape, regulatory environment, economic sensitivities, and currency risks that could impact PayPal's performance. Balancing these factors against individual investment goals and risk tolerance is crucial for potential investors.
📊 Charting Success with PayPal ($PYPL) 🚀PayPal's stock (PYPL) closed at $61.23, marking a -1.03% change from the previous day, trailing the S&P 500 index. Despite this short-term trend, PYPL shares have demonstrated robust performance with an 8.89% gain over the past month, outperforming the Computer and Technology sector. This upward momentum is reflective of PayPal's resilience and competitive positioning in the market, especially within the digital payment technology sector.
Analysts are anticipating a 9.68% year-over-year growth, with an expected earnings per share of $1.36 in PayPal's upcoming disclosure. This positive projection underscores the company's potential for sustained expansion and financial strength. Additionally, PayPal is currently ranked #3 (Hold) on the Zacks Rank, having experienced a recent 0.11% increase in consensus EPS projections, indicating positive sentiment surrounding its future performance.
PayPal's Forward P/E ratio of 12.43 places it at a notable discount compared to the high industry average of 40.21, underscoring its position as a value stock. This valuation metric aligns with the assessment of PayPal as a compelling investment opportunity offering substantial potential for long-term growth at a discounted price relative to industry peers.
Operating within the Internet - Software industry, PayPal's placement in the top 12% of all 250+ industries showcases its sector strength and resilience. This positioning indicates PayPal's competitive standing and its ability to navigate industry challenges while capitalizing on emerging opportunities.
Furthermore, the Zacks Industry Rank highlights top-rated industries, emphasizing their consistent outperformance over the bottom half by a factor of 2 to 1. PayPal's establishment within this top-rated industry reflects its robust market position and the potential for sustained outperformance within its sector.
As a digital payment technology platform, PayPal offers a diverse range of solutions, including PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products. This diversification not only broadens PayPal's revenue streams but also solidifies its position as a versatile player within the fintech landscape, enhancing its attractiveness as an investment opportunity.
In summary, PayPal standing as a value stock at a notable discount to the industry average is substantiated by its resilient financial performance, positive analyst projections, favorable valuation metrics, strong industry positioning, and diversified product offerings. These factors collectively position PayPal as an enticing investment prospect with the potential for sustained growth and long-term value creation for investors.
PYPL on watchI believe PYPL is about to get a lot of attention from traders. I'm posting this very zoomed-out view to show the long bottoming formation and falling wedge. I'll post a zoomed-in view in the comments.
PYPL was one of the COVID bull market darlings that fell back to earth. In fact, you can see it is sitting below the COVID low.
I'm long and finally ready to see a rally.
Bullish divergence on weekly chartsBullish divergence spotted on the weekly charts of NASDAQ:PYPL .
The divergence indicates a trend reversal which means the bearish run is behind us.
Coming weeks will surely be a treat to watch.
Should touch 100$ mark of resistance in the upcoming number of weeks.
Price move happened according to the last video, what's next? Last video confirmed (arrows) our forecast (the way that was statistically more probable): we have had a pull back from the top on the 15.11 for closing a T+1 and subsequently a new push to the top for the development of a new T+1.
We expect during this week to go over 60.46, for completing the upward weekly wave, occurred on the 29.11.
After its completion, a new Ti will take place, with a push back of at least a day.
In the video, there are also some considerations for the beginning of the new year.
Chiusura ciclo quadriennaleAttesa chiusura fine Marzo 2024 di un ciclo quadriennale
Oppure ciclo già chiuso e iniziato nuovo ciclo
- Attesa breakout dei 77 per conferma inversione del trend
Something interesting What is wrong here? Charts like these make is easier to visualize major divergences.
Could this be the bottom?Price action has shown us that PYPL has been down trending for quite some time on the HTF. If we were to speculate this to be the bottom before a trend change we can point out that there is an inverted head and shoulder forming on the daily time frame, with $65 being our neckline.
We can confirm this market bottom with a break of the $65 neckline which currently coincides to the downtrend line & 200 EMA. A clear break, high volume, green candle past this area can be a great long confirmation.. Even better if it retests the area. Giving a long term bullish bias.
Recent news shows us NASDAQ:AMZN has dropped PYPL/VENMO as a form of payment yet market has a positive 2.2% in weekly performance and 8.49% in the monthly before a -4.29% in the monthly.
In the short term, it is very possible that price will reach $65 to complete the head. Id look into some call options to the $65 target with a stop loss break of $57.. small position here.
Thoughts?
Pure speculation, trade responsibly.
PayPal - Unleashing Potentials 💥PayPal takes center stage, but caution is advised. A potential Wave C or II with a correction below 78.6% Fibonacci is evident. While the recent surge resembles a Wave (i), the triple top might indicate an imminent downtrend.
If $50 marks the bottom, consider a generous stop-loss at $49.80. Wave 3 could target the $76 level.
The future? Uncertain! Yet, a short-term upswing might be on the horizon. Keep your eyes open, stay flexible, and enjoy the ride! 🎢📈✨
PayPal - Ending DiagonalPrice has completed an ending diagonal, a very reliable pattern for an aggressive unwind to Wave 4 of the previous degree.
Upside target $122.
PYPL - Bullish to $66ishPaypal has bounced and I'm bullish up to $66ish, which coincidentally, is the .618 fib on the move down AND the 200 SMA Daily. That will also complete the inverted H & S on the daily pattern.
Is the PayPal bottom finally in? My bet is yes.After an excruciating 82%+ drawdown from all-time highs made 2 years ago, PayPal is finally showing some signs of bottoming action following the company's recent earnings report.
The new CEO Alex Chriss has got all of the right talking points and focused on the right areas of the business. The true growth areas of the company are still in question, but from a value stand-point the stock trades at some of the cheapest levels in the company's history.
From a technical perspective, the stock is holding the recent earnings gap up and is starting to form higher highs and higher lows on the daily. A breakout up and over this $59 area should bring a fresh wave of momentum buyers as the stock attempts to reverse its longer-term downtrend.
I recently acquired a long position for my longer-term investments portfolio and am looking for higher prices over the next several quarters and full year. (disclosure: long)
PayPal entry loading...PayPal is a company that has experienced an over-reactive sell-off in its stock price. We are expecting a good earnings report for Q4 that will be attributed to the festive season. If technicals will push the stock to $40, we will be waiting. If not, PayPal will head to $80 and break out higher in 2024 as the market anticipates a rate cut.
$PYPL - Can it breakout?NASDAQ:PYPL PayPal is currently trading against the 50 DMA resistance. Once it gets past the 50 DMA, it could see further upside and touch the upper trendline of the descending wedge.
Upside targets:
$59.60
$64.65
$69
$72
Downside risk:
$51
PYPLThe current price of PayPal has reached levels seen in 2017, but back then, the revenue was around $11 billion with a net profit margin of 12%, while now it's nearly $29 billion with a profit margin of 14%.
PayPal's shares have significantly underperformed the broader market this year, despite a promising recent report.
The company holds a high revenue growth forecast of 24% for the next two years, and it's currently trading at a Price to Free Cash Flow ratio of 18.
A risky counter-trend trade based on the end-diagonal trading strategy.
