Easy Money on $PYPLBroke all resistance to touch 52 week high today, There's no going back from here. Next target is $76 . Longby Jay_Mata_LaxmiUpdated 775
Are Fintechs Making a Mega Comeback?This chart, tracking the performance of PayPal NASDAQ:PYPL , Coinbase NASDAQ:COIN , Block NYSE:SQ , and Robinhood NASDAQ:HOOD over the past year. I think the chart offers a captivating glimpse into the potential return of a sector that has gone through a fairly large downturn, and drawdown, but continues to show resiliency. I should add that this is also an area of the market that I am simply fascinated by, having spent my career deeply embedded in it, building, growing, and watching the stories emerge first hand. At the core, there are several powerful trends to look forward to well into the future. Although, like anything, the risks are massive. The key question is: What does the future hold for the fintech sector and the new companies that coming up in this space? Will traditional financial powerhouses like JPMorgan and Bank of America reassert their dominance over the next decade and beyond, or will these startups disrupt the industry? Whether these are long-term buy and holds, depends entirely on that question. While the charts above mostly show a new wave of retail participation in markets, from banking to investing, brokerages and consumer finance, there are several stats to observe in detail: Retail Investor Surge: Retail investors now account for an estimated 20-25% of U.S. equity trading volume, up from around 10% a decade ago. Commission-Free Trading: The rise of commission-free trading platforms has significantly lowered the barriers to entry for individual investors. Digital Adoption: The COVID-19 pandemic accelerated the adoption of digital investing tools and platforms. Money went digital at its fastest rate ever as cash payments slowed dramatically. The future of investing lies in providing accessible, user-friendly, and comprehensive financial services that empower individuals to take control of their financial futures. For the next part of my research piece, I'll briefly write about each company listed and where I think they are at: PayPal's Resurgence: The recent rebound of PayPal, following a significant dip, is particularly noteworthy. It shows resilience. Despite the bad news and massive drop, they managed to keep the ship sailing in the right direction. Venmo remains a powerhouse. Coinbase's Rollercoaster: Coinbase's trajectory mirrors the fluctuating fortunes of the cryptocurrency market. As the leading cryptocurrency exchange in the U.S., Coinbase's performance is intrinsically tied to the adoption and regulation of digital assets. If digital assets task over, Coinbase is uniquely benefited to be THE leader because of their current positioning. But, if it does not, well, that means it's possibly a zero. Robinhood's Staying Power: Robinhood, despite weathering some reputational storms, remains a significant player, particularly among younger investors. Yes they started commission free trading, but the most interesting move they are making is into retirement, wealth management, and more. They are gaining a mega head start here, coming for Goldman and JP Morgan. Block Keeps Going: Block seems to be caught between payments and crypto, attempting to bridge the gap between the two. They are having a harder time than most realize. But I have not forgotten that they are technically a bank, and there's no reason to think they don't have Bank of America in their sights over the long-term. Anyways, I'll continue watching this sector. It's been a bumpy ride. Disclaimer: This is my personal opinion and not financial advice. I only share for education and entertainment!by scheplickPublished 116
BULLISH AMIGO WITH CLEAN cup and handle breakout on dailyBullish daily pattern on NASDAQ:PYPL , will it continue uptrend with slight sideways action. Most likely, but keep in mind the volatile season with CPI/ rate cuts/ Jobs data.Longby TechnicalAviPublished 3
PYPL Sept. 4, 2024Technical Overview Recent Price Action: The price has been trading in a range, consolidating after a previous downtrend. There was a recent test of the resistance at around $73.93, but it appears to have been rejected. The price is now hovering just above the $70.06 level, which acts as a significant support level. Volume Profile: The volume profile shows a high concentration of trading activity around the $71.79 to $73.93 range. This suggests that this area is a key battleground between buyers and sellers. Below the $70 level, there seems to be a gap in the volume profile, which could mean a swift move down if the price breaks below this level. Support and Resistance Levels: Immediate Support: Around $70.06, which is a crucial level to watch. A break below this could lead to further downside. Next Support: Around $67.13, followed by a more significant support zone around $56.97-$58. Immediate Resistance: Around $73.93, where the price was recently rejected. Next Resistance: If the price can break above $73.93, the next level to watch would be around $76.00. Stochastic RSI: The Stochastic RSI is currently in an oversold condition, which could indicate a potential short-term bounce. However, this should be taken with caution, especially if the broader trend is still downward. Market Context Macro Conditions: With concerns around interest rates, potential economic slowdown, and market-wide sell-offs (as seen with NVDA and others), investor sentiment is currently cautious. This impacts growth stocks like PYPL, especially in the tech and fintech sectors. Sector Weakness: The tech and fintech sectors have been under pressure recently, and any signs of continued weakness could exacerbate the downtrend in PYPL. Price Action and Forecast Bearish Bias: Given the recent rejection at resistance and the overall market sentiment, there is a bearish bias. A break below $70.06 could accelerate the decline, with $67.13 as the next key level, followed by the $56.97-$58 zone if selling pressure continues. Potential Bounce: If PYPL holds above $70, there could be a short-term bounce back toward the $71.79-$73.93 range. However, this would likely be met with resistance, and any rally might be short-lived unless accompanied by strong volume and positive market catalysts. Entry and Exit Points For Short Positions: Consider entering if PYPL breaks below $70.06 with a target around $67.13, and possibly lower to $58 if the downtrend continues. A stop loss could be placed above $73.93 to protect against a potential reversal. For Long Positions: If looking for a long position, it would be more conservative to wait for a confirmed breakout above $73.93 with strong volume, targeting $76 or higher. Alternatively, a long position could be considered near $67.13 if there's evidence of strong support and a potential bounce. Forecast Trend Near-Term: The trend appears bearish with potential support breaks leading to lower levels. Long-Term: For long-term investors, caution is advised. The broader market environment is uncertain, and it might be prudent to wait for clearer signs of stabilization or a confirmed reversal before committing to long positions.by BullBear-InsightsPublished 2
PayPal needs adjustmentPayPal needs adjustment, too high expectations for growth, which means big players need to dump dead weight to buy at a better price Two options: 1. Most likely, a decline to 67, and further growth 2. Least likely, a decline to 60, and still growth The lower the decline, the faster it will grow I'm waiting for level 67Shortby MMSSWNGMAMMPublished 3
PYPL Short intraday M30Sell Limit Entry @ 71.25 S/L @ 72.49 T/P1 @ 68.47 T/P2 @ --------- R.R.R. @ 1/2.25 Pure Price Action analysis based on Pullback of target level.Shortby MyMainBox369Updated 1
PayPal Recovering 42% From Recent LowsStrategic partnerships between major companies like PayPal and Adyen are enhancing consumer convenience with their new project, Fastlane by PayPal. Aimed at revolutionizing the checkout process for U.S. enterprise and marketplace users, Fastlane combines PayPal and Adyen's technologies to streamline guest checkout, significantly reducing purchase completion time. A key feature of Fastlane is its ability to remember users' payment and shipping details, facilitating quicker future transactions. According to PayPal's data from April to June 2024, Fastlane increased checkout conversion rates by over 80% and decreased checkout time by 32% compared to traditional methods, indicating a boost in customer satisfaction and retention. Adyen, recognized for its extensive fintech solutions, is the first payment processor partnering in the Fastlane initiative, which supports PayPal’s goal of global expansion. The service now includes more payment options like Venmo and various Buy Now, Pay Later schemes, accessible worldwide through Adyen’s platform, enhancing payment flexibility. The introduction of Fastlane might influence the financial sector and stock market, especially considering PayPal's stock recovery signs after a significant drop. Strategic developments such as Fastlane could be crucial for further growth as the stock challenges major resistance levels. If you enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.by Sublime_TradingPublished 4
BUY for Paypal to go above Higher Hi of 73.25?Paypal inched 0.47% higher to $72.04 Monday, on what proved to be an all-around mixed trading session for the stock market, This was the stock's third consecutive day of gains. PayPal Holdings Inc. closed $1.21 short of its 52-week high ($73.25), which the company achieved on August 22nd!! I think lucky day #4 will see it soar to new Highs!!! Eyes on the prizeLongby SantiagoSolutionsPublished 1
$PYPL | Allocated & Watchlist | Buy Limit & Buy Stop |Technical Confluences: - Stochastics are in Overbought conditions in the Daily Timeframe - Price is close to the top of the Parallel Channel and is currently in the Interest Zone - Price action bounced off the Mid of the Parallel Channel which strengthens a bullish trend - Fundamental Confluences: - Paypal is considered a market leader in digital payments space due to its extensive network, brand recognition and services - Revenue has been constantly increasing every quarter but lacking in revenue growth - Better EPS, good FCF and reduced operating expenses are good storylines - However, digital payment systems are facing alot of competition these days and Paypal being one of the initial pioneers will definitely need to step up and conquer back this space ----- I have previously allocated into Paypal previously at 58.80 (when it was bouncing off the 78% Fibo retracement line. I am still watching to continue to build up my NASDAQ:PYPL allocation. I will be looking to add more in the higher Buy Limit zone if the price breaks the Parallel Channel and goes above the Interest Zone. I will also look into buying again close to the 61% and 78% Fibo line; assuming price cannot break the parallel channel this round and retrace backs down. Will continue monitoring it. -----Longby weekendanalystPublished 3
Technical Analysis on PayPal (PYPL)PayPal ( PYPL ) has experienced a medium-term negative trend, losing over 80% from its 2021 highs. This downtrend developed after the formation of a Double Top chart pattern. Currently, the price is near a key resistance area at $70 (marked as Res 1), highlighted in purple. In the past, this zone acted as support (green arrows), and more recently, it has been serving as resistance, with the price being rejected twice (red arrows). In the short term, the stock is showing a slightly positive formation, with an ascending triangle pattern taking shape. Additionally, the price is positioned above the main Point of Control (POC), considering the entire volume history. Bullish Scenario: To confirm a bullish scenario, the stock needs to break above the $70 resistance area (Res 1). If successful, it could progressively reach $100 and subsequently $120. Above this level, there are inefficient zones with low volume where the stock could potentially extend further. Bearish Scenario: If the stock fails to break the first resistance and falls below the POC area, it could resume its downtrend, targeting the first support area around $40 in stages. by Giovanni_BandiniPublished 3
PayPal: No Hidden FeesPayPal continues to solidify its position as a global leader in digital payments, with a growing influence in e-commerce, financial technology, and consumer finance. PayPal's legacy of innovation, coupled with its strategic expansion into emerging markets and technologies, makes it a compelling investment for those looking to capitalize on the next wave of financial technology advancements. NASDAQ:PYPL Financial Performance: Revenue Growth: PayPal reported a 7% year-over-year increase in revenue for Q2 2024, largely driven by the success of its merchant services and consumer financial products, which together saw a robust 10% growth. This highlights PayPal's ability to adapt to changing market demands and expand its revenue streams. Earnings Beat: The company exceeded analyst expectations with an EPS of $1.45, outperforming the consensus estimate of $1.32. This marks PayPal's fifth consecutive quarter of earnings beats, showcasing its operational efficiency and strong market positioning. Cash Flow: PayPal's free cash flow improved to $6.8 billion for the first half of 2024, a 9% increase compared to the same period last year. This strong cash flow provides PayPal with the liquidity needed for continued innovation, strategic acquisitions, and potential shareholder returns. Fintech Leadership: Buy Now, Pay Later (BNPL) Expansion: In 2024, PayPal's BNPL offerings experienced a 20% increase in active users. This significant growth underscores the platform's appeal to both consumers and merchants seeking flexible payment solutions, particularly in a rising interest rate environment where credit accessibility is tightening. Cryptocurrency Integration: PayPal's cryptocurrency trading and payment services gained momentum in 2024, with a 15% increase in cryptocurrency transactions on its platform. As digital currencies become more mainstream, PayPal's early adoption positions it as a key player in this evolving market. Strategic Acquisitions: The acquisition of Paidy, a Japan-based BNPL firm, in late 2023 has already started to deliver positive results in 2024. This move enhances PayPal's presence in Asia, a region with immense growth potential, making PayPal a more formidable competitor in the global digital payments space. Partnerships: The expansion of PayPal's partnership with Shopify in 2024 is proving to be a win-win, delivering joint e-commerce and payment solutions that cater to global merchants. This collaboration further strengthens PayPal's role as a leading technology enabler in the e-commerce ecosystem. Technical Analysis: Stock Performance: As of August 23, 2024, PayPal's stock is trading at $70 per share, reflecting an 40% year-to-date increase. Despite this strong performance, the stock is still trading at a forward P/E ratio of 35x. This suggests that PayPal's stock may be undervalued relative to its peers, presenting a potential buying opportunity for investors. Price Target: Analysts remain bullish on PayPal's growth prospects, with a consensus price target of $220, representing a significant upside over the next 24 months. This optimistic outlook is supported by the continued expansion of PayPal's high-margin digital payment and fintech businesses, as well as its strategic moves in the BNPL and cryptocurrency spaces. Fundamental Perspective: While PayPal does not currently offer a dividend, its strong balance sheet, robust cash flow, and impressive growth potential make it an attractive investment for those looking to gain exposure to the rapidly evolving financial technology sector. The company's ability to consistently beat earnings expectations, coupled with its strategic focus on innovation and market expansion, underscores its potential to deliver long-term value to shareholders. Upcoming Earnings Dates: Q3 2024 Earnings: October 26, 2024 (preliminary) Q4 2024 Earnings: January 30, 2025 (measurable) PayPal's continued innovation and strategic growth make it a standout choice for investors looking to ride the wave of financial technology advancements. This revision emphasizes both the technical and fundamental aspects of PayPal's current position, highlighting why it remains a strong buy as of August 23, 2024. $71.80 NASDAQ:PYPL Longby lognomicsPublished 8
PYPL - Another HTF Bullish Beginning Despite Probable FED PivotDid look weak having slumped through the demand line. But it has now made a strong recovery back above. This is a significant tide turning event I think. And so it would appear that yet again we have a 3 wave upside correction to initiate an accumulation phase... This leads to a slump. From there, the first uptrend of significance has begun. So PayPal is a nice buy here I think. It may yet slump back to re-test the demand line also if Nasdaq has a pull back. But in higher time frame, this looks to be a great buy-and-hold for long term. It is interesting this phase because we have a potential FED pivot next month which historically has led to devastating losses. But yet we are seeing quite a few stocks making their way out of accumulative structures. So we'll have to see how that plays out. But the chart on its own merit looks very good here for an entry. PayPal is still very much no.1 in online payments. So this should be a solid buy really. Not advice Longby dRends35Updated 4431
PayPal (PYPL): Time to Secure Profits After Hitting New HighsWe’ve noticed that PayPal isn’t getting much attention lately, but since our entry, the stock has surged to a new high, the highest since April 2024. However, amidst the potential hype surrounding PayPal, we must remain focused and closely monitor the chart. The gap from August 2023 has now fully closed, and the RSI is beginning to look concerning. In response, we’ve decided to take some profits off the table and raise our stop-loss to just below the triple EQL at around $56.88. With this new stop-loss and the profits we've secured, we’re protected from potential downturns but still positioned to look for another entry in PayPal. Stay tuned for updates on the next possible setup. ✅by freeguy_by_wmcPublished 1
PayPal’s stock climbs following strategic partnership with AdyenPayPal Holdings, Inc. has entered into a promising partnership with the Dutch payment company Adyen, introducing the innovative Fastlane feature to streamline the checkout process for corporate and marketplace customers in the US. This collaboration is poised to significantly boost PayPal’s revenue, potentially adding 1-1.5 billion USD to its transaction margin. This strategic alliance strengthens PayPal’s competitive edge in the online payments sector and sets the stage for expansion both in the US and globally. Financial experts project a potential increase in PayPal’s stock value, targeting a near-term price of 90 USD, bolstered by the operational benefits and enhanced market positioning derived from the partnership with Adyen. Technical analysis of PayPal Holdings, Inc. (NASDAQ: PYPL) Examining potential trading opportunities based on recent movements in PayPal’s stock: Timeframe : Daily (D1) Current trend : the stock has exited the descending channel present since mid-2022, signalling a potential end to the medium-term bearish trend Key resistance level : initially at 68.00 USD, which has been surpassed with consolidation above this point First target : 78.00 USD, with a breakout above this level potentially leading towards 90.00 USD RSI indicator : the breakdown of the resistance line on the RSI supports a bullish outlook Potential negative scenario : a drop below 55.00 USD could signal a re-entry into the descending channel, possibly leading to a further decline towards 45.00 USD Investors should closely monitor PayPal, particularly in light of its strategic manoeuvres and the potential for increased market share driven by the partnership with Adyen. While technical indicators suggest a bullish outlook, vigilance is advised due to the possibility of fluctuations that could test new support levels. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarketsPublished 3
Paypal staying in Bullish trendPaypal holds several positive signals and is considered to be a good choice at current levels. We expect the Paypal stock to perform great in the short-term period. ##PYPL BUY Timeframe: weekly Entry Point: 69.44 Take Profit: 73.00, 77.00 Stop Loss: 68.24 Longby SantiagoSolutionsPublished 1
$PYPL - It could breakout this time.NASDAQ:PYPL PayPal is up against critical resistance. I believe there's a strong chance it will break out this time. I'm long on this one. Targets: $72 $76 $88 Support: $60 to $58 As always, I share what I think and what I do. I'm not suggesting anyone follow my trades. You do you.Longby PaperBozzPublished 2228
BUYPYPL- broke 2 bearish trendlines and hit first major resistance at 67.17+ Fib 0.236 + WEEKLY 100MA. The buy point is 70.74 and the first target is 78.32 - fib 0.382.Longby orimichaeliPublished 5
Pypl long Winner long tern hold here. Simple chart explanation with just the basics that I know. lets see how it goes. I am in calls. learning to chart and this is just for educational purposes only.Longby febinwebPublished 2
PayPal | PYPL | Long at $64.00From a technical analysis perspective, PayPal NASDAQ:PYPL is in the early stages of a potential downward trend reversal/stabilization based on my selected simple moving averages. With a current P/E of 15x, recent earnings beat, low debt, and earnings growth potential/estimates, PayPal is in a personal buy zone at $64.00. Target #1 = $72.00 Target #2 = $85.00 Target #3 = $93.00 Target #4 = $117.00Longby NicksAnalysisPublished 559
PYPLBearish pattern could be completed, heading for another drop. almost perfect setup with low risk. trade with care use a stop lossShortby miche254Published 222
Do not miss out on PYPL long to 70+PYPL on the way to cover short around 75 level. Excited to see this stock do well after bring shorted for so long. Longby iluvcupcakesPublished 225
PYPL -1:2.5 RR with 20% upside moveVWAP break Double Bottom Extensive consolidation Key EMA breaks Longby subtlepapiPublished 557
PYPL looks ready to leave the stationThere was 83% drop from ATH on PYPL, which lasts for more than 2 years without any significant corrections. Since the potential bottom has been formed, we are accumulating 280 days already. Currently, the price is sitting on the verge of the channel breakout. Potential targets are mentioned on chart. Will change my mind in case if the support will be lost, and the price will fix under it. DYORLongby DirtypawsPublished 11