PayPal - Is the stock dead?Hello Traders and Investors, today I will take a look at PayPal.
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Explanation of my video analysis:
With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80% and it is likely that we will never ever see the previous highs again. If you decide to take a trade though, make sure to properly manage your risk.
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Keep your long term vision,
Philip (BasicTrading)
Paypalstock
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
Disclaimer
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.
Paypal Analysis 07.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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