PayPal backs to the beginning of the trend
- Fundamentally, PayPal is a stock leader in online payments since 98 its been growing steadily at 10-20% yearly in revenues. SimplyWall.st calculates it at 65.6% undervalued.
- RSI on weekly reached all-time lows on this downtrend.
- Green candle on the lower of the downtrend means reversion
- It just reached the order block where the bull run started, funds/institutional investors might start accumulating around 100-87 values.
- Trend line supporting.
SL at 83 and enjoy the bounce. if we ever got back at highs it's a risk-reward 14:1 for a long-term investment, this is not a trade is something for me that might be held for years.
- RSI on weekly reached all-time lows on this downtrend.
- Green candle on the lower of the downtrend means reversion
- It just reached the order block where the bull run started, funds/institutional investors might start accumulating around 100-87 values.
- Trend line supporting.
SL at 83 and enjoy the bounce. if we ever got back at highs it's a risk-reward 14:1 for a long-term investment, this is not a trade is something for me that might be held for years.
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