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PYPL

2019 - 2020 RECESSION IS COMING AND HOW TO MAKE MONEY ON ITWhen looking at the 2008 recession i noticed some similirates. The first wave ended at a 1.618 extension which is also did in 2019. What next? We then had a impulsive wave up, touching the 0.618 extension of the 2nd wave up in 2008. In 2019 we are doing the same, but this time the wave went above the 0.618. It states that wave 2 can reach a maximum 0.786 extension before it invalidates. In 2008 we saw 5 waves down with the the last wave ending at a 2.272 extension. If we repeat history we should be seeing the exact same. A 2.272 extension of 2019 will bring the SPY to 150. Also look at the RSI, from 2008, each time it did 2 lower highs, with bearish divergence. Look what we have in 2019? The exact same with, 3 lower highs! I am confident we should see a crash coming soon, and you should be looking to short stocks. Firstly we should look at very overvalued stocks. So which stocks am i shorting? NFLX AMD PYPL LULU
AMEX:SPYShort
by LukeSkywalker
13
PYPL: The New Bank & $80+ PT Range w/ BonusPaypal is and will always be a permanent, financial player. The Venmo acquisition: brilliant. Square, sure, it's growing and has potential. Tell me one person back in 2014 or 2015 that had heard of it over Venmo. Brand recognition and explosive growth make it one of the pinnacles of the PYPL story. Was it expensive at $80? Yes, absolutely. Is it expensive now for what all it has going? Debatable, but I guarantee that it will rise as anything else financially responsible and relevant will. Technical trading up, over $80 is doable. With a perfect environment and more than likely absurd EC beats, expect a path to $100 if the market is stable and experiencing growth momentum. $100+ prime and over, take your money and sell. Don't be greedy. The Venmo story is real, relevant, impactful and unique. The eBay bs is now absorbed and incompetently understood. No one is thinking of it, so PYPL is a pure, no news related play.
NASDAQ:PYPLLong
by N3utra
6