how long does it take to pull back from this priceevery thing shows that we will have a strong pullback.
Just look at the RSI chart in weekly priod.Even at the covid19 decline, RSI couldnot go under 30.But now its hitted 18 !!!
The other point is volume.The volume of trading was over 115 M.
What does it mean? The profesional trader are just buying...
2PP trade ideas
Earnings 2-1 AMCThis particular stock analysis has been in the back of my head bugging me for a while.
I decided to look at it again and remembered it was in a rectangle a while back and broke to the downside. So I still had those targets on an old chart.
Then I tried to apply fib levels today and found it very difficult to stretch the fib table from the beginning of the impulse wave (white line to far left) from the bottom all the way up to the top, which is usually not such a stretch! Now that I look at it on weekly and monthly, I do think a big part of that impulse wave up was a parabolic arc as it is very steep.
Not an unusual finding as there were many ARCs formed in the last 2 years. Most ARCs fall between the .618 and the .786 fib levels on the fall back to earth. An arc can fall less or more than these levels. PYPL is between those 2 levels right now. It has already passed the .618. Parabolic arcs can be volatile for quite a while after falling and are caused by extreme bullishness. First this one needs to find a place to rest.
Earnings are very soon so not the best time for me to figure this out for myself, as I do like this stock. I will wait and see what earnings bring.
No recommendation.
Only those who are asleep make no mistakes )o:
Paypal full cycle
PYPL - Elliott Wave Analysis
From the first day of listing we see a 5 waves up, an impulsive wave up, with something very interesting: Wave 5 is almost a truncation or failure. Which it meant that the fallowing correction will be very dramatic.
That is exactly what it happened.
From the top of wave 5 $309 price we see a big drop the unfolding correction. So far we had wave A subdivided in 5 waves as in the graphic above, Wave B corrective subdivided in a-b-c-d-e traveling sideways.
I see Wave C unfolding in 5 waves down. With the bottom in the region of $68-$83 supported by the guideline of equality between waves A and C and the previous support held by the price.
Disclaimer: This is my analysis and does not constitute financial advice.
If you want more stock analysis like this please send me a message.
HUGE Long-Term BUYING opportunity on PayPal #PYPLWe've just opened a LONG #PYPL (PayPal Holdings) position using 2.50% of our equity as we believe that the current post-earnings sell-off is quite overdone at these levels.
The stock is down over 58% from its all-time highs of $310 that it reached mid-summer last year. Our view is that while there are definitely issues related to the future growth trajectory of the company that investors are rightfully worried about, the current price action is pricing in the worst possible scenario for the company moving forward, which in our opinion has a very low probability of actually materializing. Furthermore, the weak forward guidance and the severely lowered investor expectations will make it that much easier for the company to beat its own forecasts in the coming months, considering its leadership position in its sector, thus surprising the street positively. This will then cause a chain reaction of positive analyst upgrades and price target revisions. Yes, this whole process might take some time to materialize, but if you are looking for a solid growth stock with a remarkable long-term potential to double your money, then #PYPL is a screaming buy anywhere around the $125-130 range.
There is no question about the fact that the miss on the bottom line (EPS) in the most recent earnings report together with the poor forward guidance that the management gave on the earnings call after have been the major drivers for the vicious sell-off that we are seeing today.
For 2022, management expects net revenue to increase about 15% to 17% (19% to 21% ex-eBay), and that’s below the roughly 18% analysts were forecasting. The earnings outlook wasn’t any better, with management forecasting adjusted earnings of $4.60 to $4.75, well below analyst estimates of $5.21.
On the new users front, PayPal expects to add about 15 million to 20 million net new active accounts this year, and analysts were forecasting growth of about 55 million. This was definitely one of the most disappointing components of the report.
However, we believe that the down-beat forward guidance given by the company is hugely blown out of proportions and it seems that investors have been very quick to forget that #PYPL is the leader in the digital payments space and could technically be considered as the largest digital bank in the world with over 300 million clients. Our analysis shows that the eBay transition that the company has been going through has definitely weighted on its financial performance. However, we are in the final stages of it and it will be over and done with by the second half of the year.
What investors need to focus on is the fact that the company’s growth rates excluding eBay have remained above 20%. In addition to that the #AMZN (Amazon) partnership with Venmo hasn’t even started yet, and PayPal is free to explore many new partnerships now that it is no longer constrained by its relationship with #EBAY (eBay) . Also, operating expenditure growth is also expected to moderate down the road, allowing management to flex the leverage in the business model and help expand margins.
Apart from adding the stock to our long-term corporate investment portfolio here, we've also opened few long-term CALL options on $PYPL, which we expect to substantially boost our portfolio returns in 2022.
Follow and copy us for more detailed market analyses, profitable trading ideas and a consistent portfolio performance.
Sincerely,
@DowExperts
What is the common feature between PayPal, Block, and DocU?The simple answer is ARK invest and social media Fools ..!
When on February 28, 2021, I wrote the article:
The Social Media Trading Bubble comes to its end..!
These kids (generation Z) called me PERMA BEAR..!
After 339 days you can read that and if I were right or wrong..!
I think most of them are now Near Margin Call if they have not been wiped out yet..!
I am pretty much confident that this phenomenon will be called the "Social Media Bubble" in the future..!
Do not be angry with me, be angry with those who offered these and promised you a trip to the Moon..!
Best,
Moshkelgosha
DISCLAIMER
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PYPL PayPal: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for PayPal Holdings, Inc. (PYPL).
The chart is self-explanatory. Price dropped significantly and has the possibility for a retracement back up with the RSI in the oversold region. If price drops further, there is a strong support region below. Keep an eye on the 0.618 Fibonacci Retracement area if price moves back up.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Double Top Pattern, Descending Broadening Wedge, Fibonacci Retracement, Death Cross, Simple Moving Average, Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
I have additional charts below on cryptocurrencies, stocks and more to review. Check them out!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Interpreting the PYPL fallPYPL has fallen ~25%, this provides a great dip buy opportunity. It is barely a dip but a pullback to a major trendline.
The falls can be attributed to each moving average, the first the 50MA (in green), the second the 100MA (in orange), and the third and current, the 200MA (in red)
Great buy
PayPal (NASDAQ: $PYPL) Just Closed Gap @ 0.786 Fib! 💯PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards, as well as digital wallets. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
Fundamental analysis on PYPL! Disclaimer: I do not hold any PYPL and may not hold them going forward as well. But, 17% drop over earnings got my interest into having a look into fundamentals. Please note all the analysis done here are derived from the scripts I have written - all of them are open source and free to use.
Let's dig deeper.
🎲 Earnings
News items highlights poor earnings and economic outlook. While economic outlook is unchanged, earnings can be read as below
Earnings miss by 1% 🟠
Revenue exceeds by 0.29% 🟡
Future earnings is expected to go down by 10% 🔴
Future revenue is expected to drop by 5% 🔴
Overall 10-20% drop can be considered as expected. We need to also keep in mind that for growth based stocks, revenue is more important than earnings. But, we cannot exactly say how much of this is already priced in as the stock had significant drop from last 6 months.
🎲 Financial Health
This is derived from the open source script Quality-Screen . The script colour codes the financial metrics listed based on what is considered as healthy/unhealthy as per norms.
We can say overall health of company is very good. 🟢
🎲 Growth Trajectory
Overall growth trajectory is still up. This is derived from open source script Relative-Growth-Screen . Script plots financial growth parameters on Bollinger bands to identify the overall trajectory over long term. This makes sure that short term weakness in growth numbers does not impact the overall stats.
Overall revenue and book value per share seems to be increasing. However, EPS and YoY revenue growth seems to be stagnating. Reduced revenue can have higher impact on stock price for growth stocks.
With this, we can say overall growth trajectory is mildly low. 🟠
🎲 Drawdown from All time high
Below stat is derived from an open source script Drawdown-Range
The stats percentile dropdown from ATH. As we can see in the outcome. PYPL at present is down 44% from ATH. It is still not considering pre-market price. Otherwise, the drawdown from ATH is 55%. As we can see in the chart, this is at 100th percentile. Which means, very rarely PYPL had such kind of drawdown from its all time high in its history of stock price.
This means, price is at record discount level. Which can be very good for value investors. 🟢
🎲 Drawdown from ATH of fundamentals
This is again another fundamentals based stat derived from the open source script Percentile-Price-vs-Fundamentals
The script compares drop in fundaments with that of drop in price to understand if the price drop is justifiable or if it is an overreaction.
From the details highlighted, it does indeed look like price drop is bit overreaction. 🟢
This stat does not consider earnings and revenue estimates into picture. Hence, the impact of this may be limited if there is huge variation between present earnings and estimated guidance for next earnings.
My views on this stock is neutral as being trend follower, I never try to catch a falling knife. But, if you are looking for value based bargains, this can be good pick for you.
All the best and let me know your views in the comments :)
Patience is KeyIt might go further down to support from almost exactly one year ago. It goes down first as the EPS missed expectations by $0.01 and the earnings outlook for the coming period worse than expected by analysts. A rebound is probable to happen since a selloff like this is often matched with a rebound and PayPal is also just trying to lower their P/E ratio as some other companies are doing.