📊 PayPal Moving To 85, 115, 170 (Up To 222 Long-Term)In May 2023, PayPal Holdings, Inc. (PYPL) hit its lowest level since August 2017, this is coming off a peak hit February 2021.
We have a 2 years long bear market and a 5.8 year long low.
PayPal is now moving within a consolidation pattern and will soon enter a new bullish trend.
PYPL Long-Term Targets
I started writing this just to share some targets.
PayPal will easily hit 70 in the coming weeks.
Within this year it is likely we will see 85 and up to 115 or 120.
Long-term PYPL can continue growing and hit 139, 170 and even 222. This will take a while to develop but we are likely looking at bottom prices.
The consolidation phase has been going for more than a year and volume started to rise as soon as the accumulation zone was activated.
Let the whales load up, as soon as this happens we get long-term growth.
Invalidation comes below the May 2023 low.
Namaste.