Paypal Stock taking some hits, but still expected to growActive accounts declining and merchant loan risk increasing. 5 and 10 year outlook according to analysts is still rosy for the business, despite the chart looking bad.
Paypal
$PYPL - MAJOR GAP at 45Bearish Downtrend Channel intact with a a major gap at 45. Stock's MACD is flipping red and the squeeze inverting negative as mentioned in prior post
PAYPAL - Long Term Accumulation WindowPaypal - NASDAQ:PYPL
Below I cover the Chart and some interesting fundamental news on what Paypal is upto.....
CHART
Everyone should have expected significant resistance at the $74.66 price level due to a confluence of the following at that level;
1. 200 Day SMA
2. Point of Control (POC)
3. Falling Wedge Diagonal overhead resistance
(SEE CHART FOR OUTLINE)
Further downside in the short term would not surprise me, however the long term positive divergence presents a long term opportunity.
How am I playing this?
I have a long term small position that is 15% in the negative at present, its thee one negative position I hold. Similar to NIO (which was at a small loss for weeks on end, I continued to average in on a positive divergence), I will average now to PYPL with a 2nd purchase and if we drop down to the RSI resistance line I will average in again with a 3rd purchase.
Ideally traders, would want a break out above the point of confluence on the chart and to find support above or on $74.66. I would not be day or week trading from current levels. I intend to hold for months, potentially years, similar to my NIO play.
If we lost the bottom of the falling wedge I would cut my losses at this point.
This is a High Risk / High Reward trade. The NIO trade has rendered me a significant 50% unrealized profit over the past few weeks. It could take months for me to see a similar return here on Paypal, and I'm ok with that. Timeframe expectation is long term.
What's PayPal Upto?
Interestingly Paypal announced a major deal with KKR in June 2023 whereby KKR agreed to purchase up to €40 billion of eligible current and future PayPal Pay Later loans that originated in Europe.
PayPal has become an industry leader with its PayPal Pay Later products, issuing more than 200 million loans to over 30 million customers in eight markets around the world since 2020.
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year and updated the outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023.
Paypals close association with KKR is notable. KKR - Kohlberg Kravis Roberts & Co. are an major American global investment company who have secured the two largest company buy outs in history RJR Nabisco & TXU. Paypal have huge ambitions and the buck to back them from the KKR.
The deal and association with KKR is yet another reason to keep a long term headset on for this trade/investment.
PUKA
SQ WVAP Breakdown into Earnings LONGOn the 30- minute chart BLOCK ( SQ) broke down from a VWAP pop last week into
a drop this week to earnings which were a 7% beat on earnings. MACD lines are about
to cross. he lower RS line in green is showing bullish divergence while the mass index
signal is in the reversal zone looking to trigger with a fall. Finally the narrow range or
flat candlebars at the end of the price action show the reversal is impending.
I see this as a fade into good earnings worthy of a reversal long and so I will take that trade.
$PYPL - Heading Lower with Downtrend ChannelPYPL chart is heading lower with a the MACD flipping red and the squeeze indicator rolling down and inverting the squeeze. As it intensifies, the price stock will continue to be under pressure.
Falling Wedge for Reversal | $110Weekly Chart
PAYPAL NASDAQ:PYPL is in the Falling Wedge and can break in this month. Just follow it
We have good signals
- Divergence RSI
- Failling Wedge
So wait and see next move
PayPal suppressed by the 1.618 of golden sectionPayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section
This chart shows the weekly level candle chart of PayPal stocks in the past six months. The graph overlays the recent bottom-up golden section. As shown in the figure, the high point of PayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section in the figure. In the future, it is likely to retreat downwards! The strong support level for PayPal's stock is at the starting point of the big positive line in July 2023!
PYPL PayPal Holdings Options Ahead of EarningsIf you haven`t sold when ARK did:
or when the CFO left for WMT:
or reentered this dip:
Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week,
I would consider purchasing the 73usd strike price at the money Calls with
an expiration date of 2023-8-25,
for a premium of approximately $4.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PayPal is starting to recoverHi, according to my analysis of Paypal shares. There is a good buying opportunity. The stock appears. In a positive condition with the stock exiting the descending channel. And breaking the strong resistance at level 68. Which indicates a strong entry of buyers. Good luck to all
AXP: Confirming Break Below Lead-In Trend at Bearish Crab PCZAmerican Express has broken below the Lead-In trend line and looks to be confirming a lower high below the breakdown zone, all at the PCZ of a Bearish Crab on the Weekly Timeframe.
If we get the desired performance from this we should see AXP go down about 30-60% from the current levels.
PAYPAL HOLDINGS: A SRIRACHA SHORTAGEThis publication is a simple example of the Well-known Sriracha chart pattern.
Technical pictures in PayPal Holdings NASDAQ:PYPL indicates a strong support of major trendline.
PayPal is to Double the price 70->140 by this way .
PYPL Testing Upper Wedge LinePaypal is testing the upper line of a falling wedge pattern while recently crossing above all short and long moving averages(8,21,34,50,100) with the 200sma as the last MA to be tested. The short MAs are all rising and have crossed above the 50ma indicating a short-term bullish trend in price.
The PPO indicator show the green RSI line rising, and above a rising purple signal line which indicates short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum.
The TDI indicator shows the green RSI line above 60 and rising which indicates a bullish trend in price, as does the RSI line trending in the upper half of the Bollinger Bands. Going forward we want to see the RSI line trend between the 40-60 levels as an indication of intermediate to long-term bullish trend.
My buy price was $70.63
Stop-Loss(SL) is at $65.26.
No upper target for now as the falling wedge pattern is a sloppy one with the dip in the middle not touching the lower trend line. Will continue to move my stop-loss up as/if price continues to move higher. In general I tend to move my stop-loss orders up as price continues to make higher highs and higher lows. On each new push to a higher high, stop-loss is moved up to the most recent higher low.
Paypal is about to approachi strong pressure !Paypal is about to approachi strong pressure !
This chart shows the daily level candle chart of PayPal stock in the past year. The graph overlays the recent bottom-up golden section and the upcoming strong pressure horizontal line. As shown in the figure, PayPal's stock has shown a jumping upward trend this week, releasing a lot of bullish momentum and approaching the bottom of the short selling gap in February 2023 ($69.53)! In the future, we can use this position as the watershed for judging PayPal stocks: below it, bears dominate, above it, bulls dominate!
$PYPL - Brewing for further upside ☕NASDAQ:PYPL displaying relative strength with price advancing 6% since my previous analysis (considering the stock's historically low valuations and the expected clarity on their leadership outlook later this year). It remains one of my favorable long-term trades despite debatable growth outlook. With selling pressure gradually diminishing and I expect a gap fill above $69.68 within my designated timeframe for my positions.
$PYPL Can Rise #PayPalOne of the fallen super heroes of one time has broken through 5 year lows. At this moment in time, the price is getting ready to reach an FCP zone which can be a potentially very good idea to buy or accumulate.
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Continued downside for PYPLPYPL has significantly weakened after breaking consolidation to the downside starting May 8, 2023.
Looking at the weekly chart, the most obvious downside targets I am seeing is $57.0 FVG under the Weekly SSL line and $47.4 FVG with $44.5 Weekly +OB as a draw on liquidity.
Once price reaches $44.5, I anticipate price consolidation in the form of accumulation by institutional players at a steep historical discount before any meaningful move higher.
Paypal - too cheap? PayPal's stock looks undervalued, trading at 6-year lows and a forward P/E ratio of 12.3, despite a strong Q1 performance with respectable transaction revenues, total payment volume, and growth in value-added services.
Operating expenses are well-managed, contributing to substantial growth in operating income and earnings per share, while consensus estimates suggest mid-to-high teens EPS compound annual growth rate.
Market concerns, such as PayPal's Q2 revenue guidance and increased competition, are offset by the Moderate Buy consensus rating, suggesting a 60.7% upside potential.
The involvement of activist investor Elliott Management and the potential sale of the cross-border payment unit, Xoom, signal strategic changes that could enhance PayPal's performance.
PayPal still rides the wave of the growth in e-commerce, with 12% payment volume increase in Q1 2023, and a rise in peer-to-peer transfers, demonstrating resilience in a challenging macroeconomic environment.
The fundamentals of this company have become detached from the share price, making this a long term buy and hold with hugely asymmetrical risk/return profile.
Shorter term, the move back to the highly developed Point of Control would represent over 20% growth, which I see as a high probability outcome within weeks.
$PYPL 3 day rule Update A Daily close or even a weekly close below 61.31 stop out and wait for bullish set up.
$pypl after earning 3 day rule The 3-day rule is a trading strategy that suggests waiting three days after a company releases its earnings report before buying or selling the stock. The idea is that the stock price will have had time to adjust to the news by then, and you will be less likely to make a rash decision based on emotions.
There are a few reasons why it's a good idea to wait three days after earnings before making a trade. First, the market is often volatile in the days leading up to and after earnings. This is because investors are trying to anticipate the company's results and how they will affect the stock price. As a result, the stock price can be very unpredictable during this time.
Do you buy Paypal after earnings $PYPL Do you buy Paypal after earnings NASDAQ:PYPL double bottom or do you wait for the 3 day rule.
PayPal to find buyers at yearly lows?PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31)
Levels below 69 continue to attract buyers. 67.58 has been pivotal.
66.39 has been pivotal.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 78.51 and 80.51
Resistance: 75.30 / 77.80 / 79.30
Support: 73.00 / 71.09 / 69.00
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Warren Buffett, Peter Lynch, and Benjamin Graham math on PayPalApplying Warren Buffett, Peter Lynch, and Benjamin Graham valuation math on PayPal.
thanks to Luxerich for the suggested analysis video www.tradingview.com follow em!
ill have my work sheet in comments again for free.
PayPal: More Weight! 🏋️Load up – PayPal needs more weight to gain enough downwards pressure! We expect the share to make it below the support at $66.11 and thus into the gray zone between $66.16 and $34.93. There, the course should complete wave II in gray and take off above the resistance at $93.52 afterward. However, there is a 35% chance that PayPal could conquer this mark earlier and skip its visit to the gray zone. In that case, we would consider wave alt.II to be already finished.
