Can you trade based on news?Bloomberg News reported Wednesday that PayPal is looking at purchasing the image-sharing social media platform, noting talks of a potential price of $70 a share, a level that would value Pinterest at around $39 billion.
In this analysis, you can see both sides of the same trade!
One is PayPal which experienced one of its worst days after the news came out they decided to buy Pinterest, on the other hand, PINS experienced its best trading day ever..!
It is very unlikely to be successful in trading/investing by following the news..!
Best,
Moshkelgosha
PYPL
PayPal (PYPL) Analysis
PayPal was one of the companies that post-covid has grown the most, we are talking about a + 271% from the lows of March 2020 to the double maximum reached between February and July 2021.
A dizzying growth with always positive Earnings, which beat expectations.
Except that of July 28th.
This time, albeit positive, the earnings proved to be disappointing, and in fact, on July 29 the stock opened in a gap down of more than 5% and then gave way to a bearish phase that lasts until today, where we are just two days old. of heavy sales due to the rumor that the holding of San Jose is in talks to buy Pinterest.
Physiological pull-back based on news or the start of a major bearish phase?
Paypal has, compared to the past, a lot more competition, and it won't be long for Amazon to enter this brokerage business.
The company is moving, precisely because it knows that there is a need for news for investors. The purchase of Pinterest could be strategic, as the creation of e-commerce on the platform, with the experience and ecosystem of PayPal, could be very interesting and profitable.
Without forgetting that eBay has changed its policy a few months ago, creating its own payment ecosystem and making it mandatory, excluding PayPal from a partnership that lasted for about two decades. (I'm speaking about the European situation).
The future scenario remains uncertain.
The November Earnings will be crucial.
From a graphic point of view, the entry levels are quite evident and stand at:
- $ 240 current level, but I decided to wait
- 213 $ area, first volumetric level of some importance
- $ 173 of course, should it ever arrive here, I would definitely buy one.
Happy trading
Lazy Bull
WATCHING $PYPL for 242 - Key Levels and AnalysisWATCHING $PYPL for 242 - Key Levels and Analysis
Earnings prediction time… (NOV 8th for pypl)
PayPal looks like it’s starting to look like an ok place to start a position at 233…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
Let's make a deal!Paypal is in talks with Pinterest about a possible takeover. The price per share is being discussed in the neighborhood of $70. It would be around $39 billion. Potential earnings, if you go in at this point, could be 11%.
Watch closely, there could be pullbacks. You can exit the trade with a stop loss if it goes above the 61
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PYPL: Potential 5 R/R up side trade or more!Paypal has rallied about 260% since covid19 low back in Mar'20.
Price retraced after hitting ath on July 26, giving us ABC retracement (purple drawing line).
What I'm forecasting now is a short 5 Elliot Wave up to Supply Zone.
Waiting for pullback (4th wave) to Demand Zone. Since there's a gap up on Aug 30, my entry will be at $280.
Target profit 1 at $300 (round number)
Target profit 2 will depends if the Supply Zone/ Resistance will hold. If it does, then will exit all. If it doesn't, then PYPL will have lots of upside potential.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Paypal Analysis 22.09.2021Hello 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 days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
Paypal Analysis 01.09.2021Hello 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 days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
$pypl #paypal update2 pt is above $303 at this phase i was inform you about the potential stock move one week before
at this pt is $304
yesterday the buyers absorbed the sellers from quick gains but the stock closed green with higher high
we saw that there is big power here.
strong long
it is safe bet and this
disclaimer