After the news about Ebay/Paypal/Adyen on January 31st there has been a technical oversoldness and fundamental undervaluation. Paypal reported 131.45B Total Payment Volume last quarter. Next report is on 04/26 AMC. Jury is still out on expectations.
After braking the bearish trend line and breaking the resistance I expect Paypal to get close to $88 very fast.
Option 1
1st Target $80.00
2nd Target $88.00
Stop Loss $75sh
Option 2 (already in)
Stop Loss jumped $75sh
Buy in $72
1st Target $78
2nd Target $80
3rd Target $88
After braking the bearish trend line and breaking the resistance I expect Paypal to get close to $88 very fast.
Option 1
1st Target $80.00
2nd Target $88.00
Stop Loss $75sh
Option 2 (already in)
Stop Loss jumped $75sh
Buy in $72
1st Target $78
2nd Target $80
3rd Target $88
Trade active
1st Target Reached $80.00Trade active
Following up closely.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.