PYPL [LONG] DCA Looking a great level for PYPL - green rsi/market cipher/red money flow + positive divergences.
** NOT TRADING OR FINANCIAL ADVICE **
PYPL
Paypal. Hammered as of late but is it time to buy the dip.Off more than 35% over the last few months and infact down on the year, this appears to be a dip that should be snapped up. The RSI has never been so oversold on multiple timeframes. The fisher is in extreme lows and with the price placed nicely on support. The recent fall has also made a bullish crab. Targets of 234 + 288 then will reassess.
PYPL Key Levels and Thesis PYPL has traded back down to its consolidation zone from August-October 2020. In theory the stock could re-auction in a similar zone of 174-203 as the market gets hit. However, if PYPL continues to trade lower a test of the gap up from 138 would be the next stop. PYPL has done well in expanding their business model with integration into crypto and buy now pay later systems through their acquisition of Paidy in September. This acquisition and miss on revenues could explain the near term shift in the stock. That being said, the costs of crypto integration and acquisitions are only a near term issue. The past few months, strength from value stocks and a recovering dollar has pressured growth stocks such as PYPL. Despite this, the stock is poised to recover swiftly when a second tech rally plays out. Some topside levels to watch are 216 where the stock could see some overhead supply after a gap down. Another level to watch is 251. A close above this level would give me confidence for the stock pushing into ATH’s.
Respect The Pullback In PayPal Holdings (NASDAQ: $PYPL)PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, Hyperwallet, and iZettle products. The company's payments platform allows consumers to send and receive payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies. It also offers gateway services that enable merchants to accept payments online with credit or debit cards, as well as digital wallets. PayPal Holdings, Inc. was founded in 1998 and is headquartered in San Jose, California.
$V - Visa in a major bearish downtrend $134 PTIf you draw a trend since 2011, it looks like it can retest the $134 level (which has acted as major support levels multiple times. I would not buy at current levels.
PayPal (PYPL) AnalysisPayPal has reclaimed a nice trendline
On this chart two points can be compared that are very similar
The first point ends up with bullish continuation, hence we can make the assumption that the second formation, due to it's similarity will act the same
Key comparable areas in corresponding colours.
Fintech Bargain HuntDue to several factors the fintech sector has been serverely beaten up over the last few months. While some of the fintech names were way overvalued and a pullback needed, there are still quite a few good businesses within the same space and are going for relatively good value. Remember 'value' is in the eye of the beholder and should not be viewed separately from the growth and appeal the company has. At the most, they allow us to pick out the good quality businesses
happy bargain hunting
PayPal - it's time to buy?PayPal is a great growing company that each of us knows. While the inflated negative background of the future is weighing heavily on the company, it may not come true. At the moment, the share price has corrected well and approached the previous accumulation zone, where you can start buying them. The shares are also strongly oversold. For myself, I noted two scenarios from the current setup. But I don’t believe in testing the 120 level yet, unless there is a strong correction in the entire market. But have money on hand.
PYPL BOTTOM ?There is a wolfe wave setup on the Daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 287 which is expected to reach this price target at the apex which is in March post earnings. There is a gap at 211 to keep in mind.
PYPL ANALYSISI believe that price is currently ranging between support and resistance. News could push it in the upward direction but i would want to see it come down to touch the support line as outlined by the red drawing.
JD - ARC ENDING - UP OR DOWN?All,
JD looks like it's going to make a pretty sizeable move here. My honest guess is the downside. With that said I don't think they are a bad company by any means. Decent earnings etc. I just don't see the traffic/high level interest to really keep the momentum up. That being said I always plot both theories up and down so of course do your own DD. Like most of these plays I would do 1:1 puts/calls and drop the other when you have conformation.
DKNG - 618 FIB ALL TIME - TIME TO BUY?All,
DKNG here obviously a typical buy area, but market + ER I still have to be careful here. I 10000% would add to watchlist. Worst I see it getting is 33-26 range a little lower.
UPST - BE READY - SET ALERTS All,
UPST with last ER is just a must watch down here it could hold here, or drop down but I for sure think we have a MASSIVE bounce if it drops down on that trend line.
This is all pending the market. SPY falling knives can slice any mid/large cap.
HOOD - ROBINHOOD BOTTOM - BE READYAll,
First off I hate Robinhood as a trading platform and what they put their users through. However, supply and demand do exist. I think for sure $17ish on RH here is a for sure bounce. Maybe a little sooner depends but all downtrends end in the $17ish range. Add alerts around 19-18-17 and just watch it.
ZM - ZOOM - EASY BOUNCE PREDICTION LOW VOLUME AREAAll,
ZM short potiental. But ER wasn't actually all that bad. I'd look for a bounce near white area possibly little lower. Easy bounce don't stay long just for the retrace/retetest.
Some ideas on the most significant drop in PYPL history.PYPL is on my trading watchlist because, as a growth stock, it has been in a corrective situation for a reasonable amount of time, 284 days to be exact, from February 16, 2021. When we have this type of consolidation, it is easy to look at the past and ask a simple question. How many times did a similar situation like the current one has happened?
As you can see, there are 3 situations, including this one, that we can compare and understand to look for a good spot to develop setups with a goods ods as evolving as expected + High risk to reward ratio.
Let's check all of them.
AUG2015 - APR2017
JUL2019 - MAY2020
FEB2021 - YTD
I don't have a final idea of what I want to trade here. However, I'm certain I will not develop any bullish setup below the current descending trendline. Once the price gets close to it, I will develop the specific filter I'm waiting for. Based on past behavior, if I see a breakout of the descending trendline + a clear filter (not defined yet), I think it is a good opportunity to look for setups with a target on the previous high and beyond. That would mean R/R ratios above 5 or 6 (if we can catch that), and at the same time, we can absorb multiple stop loss, and even if we get it right on the 4th attempt; we still are able to make profits.
Feel free to add any ideas or thoughts about this in the comments! Thanks for reading.
PYPL- SPEED FAN BOUNCE - TRADE OF THE YEAR- BE PATIENTAll,
This is almost too perfect. Weekly everything lining up. WATCH THE SPEED FAN BOUNCE AT BOTTOM.
This Speed fan bounce and trend line bounce is going to be EPIC. This is a $200-$210 PT. Then bounce down on speed fan down to 190s 180s again then it should break 220+. How you want to play that is up to you I am aiming for 200-210 the second it gets 185-180. Risk I am willing to take. I see this as easily 200%+ considering IV is in the shi**er. Probably long term 400-600% assuming market doesnt tank or something news related.
Fib trend bounce here
Fib retracement here
Stoch RSI literally dead at 0
reg RSI sub 20 WEEKLY holy hell
long term trend line underneath $180
$PYPL | WEEKLY WATCHLIST 11/22Very ugly move for PayPal last week. I have since taken profits on the initial bounce we got from $201 to $215. I hold no options for the time being. Weakness from last week opens up the possibility to see $169-170 get tested before a major low is potentially put in. Be patient with this one and careful catching a falling knife with weakness present.
SPY - AT THAT AREA AGAIN...DIPS MAY DIP EVEN HARDER BE CAREFUL*** I know it's so tempting to jump on option calls for PYPL/UIPST/BIDU/ROKU and many many other huge dips that are 100% undervalued. BE PATIENT. These are selling off so fast and hard when you time this bottom correctly trust me they will blow up for at least 100% in options. Don't assume just because they are undervalued and dipped that SPY cant take a nose dive here to 450-440 and take them further down. Be patient.. WATCH THE MARKET FIRST. Don't get faked out on a tiny bull run for one day that turns up being a huge negative move.
All,
I think we are reaching once again that retest area. There are two arguments here. One that both of these resistance lines have been tested way over 4 times. So in theory eventually dip after drip these break resulting in a breakout and usually a good one. However, for obvious reasons we have pre pandemic, possibly a new one especially in EU right now, already over saturated market, FED news. etc etc I mean negative list goes on. So once again here we are restesting a previous failure. the previous small dip was the first support break and now coming all the way back up retesting it some more.
Given holidays, world news I am not necessarily bearish yet. I am actually wanting a huge bull move again because there are so many dipped stocks.
Paying for PaypalPayPal is approaching the 382 support after selling off within the broadening wedge pictured.
You can see how price has wedge into the top and sold off somewhat twice on chart's past.
As we near the 382, I expect bulls to favor the price and short sellers to want profits.
This is short term analysis given the wedge may need to fill the bottom to the 618.
If support breaks the 618 below is target for bears.
I want a 236 retest but will let chart control my opinion.
Not trade advice.
pypl long positionHello everyone
this chart about pypl market
and this show us we can buy it near 194 and hold on 264
DIPS YOU HAVE TO WATCH - DKNG/PYPL/UPST/BIDU/NIO/ROKU/FIGSAll,
BE PATIENT. Let the market do it's thing and get conformation. There is ALOT of money to be made here if you are patient with call options. I see ROKU/PYPL as immediate buys once market turns around. UPST as well but not tons of support.
FIGS id watch every 30m this one is positive ER really undervalued here on serious support basically a wedge. I like FIGS if it holds or breaks below id watch that even more. FIGS whenever it fully stops I will probably take.
PYPLSeems that Paypal will go all the way to 225 to fill the gap. Above there can make a move towards 243.
If it fails to breakout buy puts at the 225 resistance lvl.
Goodluck!
