Paypal
Paypal: Pay up for thisPayPal - Short Term - We look to Buy at 89.71 (stop at 84.43)
Broken out of the channel formation to the upside. We have a Gap open at 89.63 from 02/08/2022 to 03/08/2022. We have a 38.2% Fibonacci pullback level of 89.84 from 103.03 to 68.51. Preferred trade is to buy on dips.
Our profit targets will be 116.91 and 152.00
Resistance: 103.03 / 117.20 / 122.92
Support: 89.84 / 80.22 / 76.71
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PYPL into the 100s. Forget about it.The SP500 runs into some resistance around 4260 to 4300.
Technically above 4200 is my supply zone but from how we are setting up / how far down some of these quality names got dumped
PYPL still has room to run into 112 to 116 this month
This trade is invalid if PYPL cannot hold 93.61 I would not be interested in that move
Why PayPal ( $PYPL) is one of my TOP long call "position trades"Why I like PayPal PYPL
Back to 2017 levels, pretty much "recession proof" (give or take). It's almost God sent being down at these levels (undervalued/fair value). There are some strikes that are def. set up for nicely profitable positions if chosen correctly, common shares as well. Though I hid a lot of my indicators for a simple view, there is def. a divergence between price and RSI on both the Daily & Weekly, as well as the Monthly looking pretty bottomed out. I am pretty big into Harmonic patterns , but am not going to share my "secret sauce", at this current time.
I will continue to add to my position and average down (as planned) into further out strike dates. I as well will MOST LIKELY play the short term trends as well, but my overall goal is to see at least $115.00 with my "position trade" call contracts.
I typically leaves these "ideas" pretty brief on Trading View as I don't really have a BIG following on here
If you have any questions about my "idea" feel free to reach out!
(This is a repost as I had some community violations I was unaware about)
PYPL Buy OpportunityIf you haven`t sold PYPL ahead of earnings:
As much i as i don`t like to work with PayPal on my store due to their high commission fees, i like the October 2017 level of the stock on a P/E of 23.60.
I`m looking for a technical rebound to the $88 resistance.
Looking forward to read your opinion about it.
TRUEBIT: The next1000x token that no one has heard of.Why haven't you heard of Truebit? Because the paypal mafia didn't want you to hear about it.
I encourage you all to take a deeper look into the utility of this token, the potential, and the minds behind it. It has sat dormant for years, awaiting this very moment in which it will fundamentally change Ethereum and decentralized cloud computation forever.
Don't get it confused with True FI . A token that I believe was created for the sole purpose of confusing buyers.
Find it here: coinmarketcap.com
0xf65B5C5104c4faFD4b709d9D60a185eAE063276c
Only found on Uniswap and some lesser known exchanges.
Verifier’s Dilemma - What Makes Truebit Unique?
Rather than relying on external, cryptographic proofs of correctness, Truebit brings scalable computation to blockchains by leveraging game theory principles and financial incentives to increase the on-chain computation power of existing networks and reduce marginal gas costs.
While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains due to the Verifier's Dilemma. Truebit counteracts this via a retrofitting oracle that achieves correct computational results. Truebit’s microeconomy ensures trustless verification through a financial incentive layer atop a dispute resolution layer.
Who is the founder of Truebit (TRU)?
Truebit was founded by mathematician and computer scientist Jason Teutsch who co-authored the whitepaper with Ethereum’s Solidity creator and team lead, Christian Reitwiessner. Jason holds a PhD in Mathematics, was a two-time US Fulbright Fellow, and co-discovered the Verifier’s Dilemma.
Applications
Applications include:
Layer-2 settlements
DeFi settlements and bookkeeping
Batch verification of cryptographic signatures
Checking proof-of-work
Performing operation(s) with high computational complexity
Any smart contract can issue a computation task to Truebit in standard languages (C, C++, or Rust) without concern for Ethereum’s gas limit. Truebit’s WebAssembly-based architecture can read functions and data from Ethereum bytes, smart contract program code, or IPFS.
Don't sleep on Truebit. It will become a 'household name' overnight. Check their very inactive twitter that has suddenly woke up. The clock is ticking.
JUST MY OPINION. INVEST AT YOUR OWN RISK.
PYPLPaypal major collapse, could be making a massive weekly head and shoulders.
Currently though bouncing off a weekly double bottom.
Outlook is some more chop into a bounce, beginning the right shoulder.
However, might just start rallying from here. Also not sold that a right shoulder would complete, more of a bounce higher from this level trade.
PayPal - that would suck.Whats up friends and brethren of the digital emotional charts of the human responses to fear and greed, plotted in spectacular 3D action.
First impression of PayPal. … . Caught my eye after a big bump today… but this seems more likely, esp if Elon dumping tesla pops the bubble. OMG.
Follow along for more of my visions and narratives… i enjoy sharing them :)
Good Luck, God Speed, Love & Light to all.
Close but not quite readyPaypal is down 65% from its ATH last July. It's now flirting with a supply zone that stretches back to 2017. While I'm seeing Bullish Divergence here, I'm also seeing a downward sloping trendline that makes me think we might see one more sharp move down (into the supply zone) before establishing a bottom. If you're a long-term investor, this could be a great place to start building (or adding to) your position.
-Mercury
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$PYPL: Buy here...Risk is small.Paypal has finally acted like it is forming a bottom, after a long and bloody decline that drove it down 70% from the top. I think the market is going to produce a substantially big relief rally, similar to the move that took place in the year 2000, from May to September back then. Equities then proceeded to roll over steadily, after triggering a monthly timeframe Time@Mode down trend signal. Sentiment is extreme and people have finally panicked enough with rising oil and the war in Ukraine situation, to the point that I think a rally will catch everyone offside here.
Best of luck,
Ivan Labrie.
PAYPAL NEEDS CPR AND A QUICK RESURRECTION!I am holding bags in a position in paypal and boy did I screw up on this one... Well, the nice thing is that paypal is showing promise and some type of life again. It is breathing and looking to come back. Minor gains of 30% in 30 days is showing signs of promise and gains. Is this a long term hold for me?? Definitely not!! I don't want to tie up my money for 5 yrs only to see a mediocre gain with so much risk.. So once I hit 131 I'm pulling out of this horrible nasty dead stock. Watch my TA video for all the details and give me a thumbs up and subscribe if you like my honest transparent videos even the ones like this one which are not making me any money! LOL
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I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this TA,(Technical Analysis) are for informational and educational purposes only and do not constitute financial, investment, trading, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using or reading this technical analysis or site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this analysis, or post.