PYPL
PYPL: the stock to buy after market pullbacksPYPL has a history of strong comebacks after a sell. I don't believe this will be any different. While this is one of the most violent sell offs, and it was certainly due to more than illogical fear (eBay abandoning them), it is a healthy company that should make a quick comeback.
Tell me your ideas below.
PYPL Long IdeaI like PYPL as a long term buy and hold. Its always tough picking an entry when a stock keeps going higher. This may be a good entry spot with support at the 50sma. BUY here, set stop below todays low $75.60 I believe.
$PYPL, where i would like itI would like a retracement to between $80.00 & $78.50, say what?! I know right, we in a bullish market, so who knows?!?
Going long PYPL on MondayPYPL is printing a bullish engulfing hammer candlestick over candlestick price bar on heavier above average volume with my momentum/trending oscillators confirming the price move. I am going long PYPL on Monday using a limit (GTC-BUY-LMT) order @ 75.87. I will have three trailing sell stops (GTC-SELL-STP) @ 73.50, 72.55, and 68.60 to protect my initial invested capital in case PYPL does not move higher immediately. I am expecting a measured move similar to all or part of the previous uptrend from February '17 - November '17.
THE WEEK AHEAD: GE, CSX, PYPL EARNINGS; MBI, PEARNINGS
GE announces earnings on 10/20 (Friday) before market open. With a background implied volatility in high 20's (28% as of Friday close), it isn't particularly high from a premium selling standpoint, but I could see this as a potential acquisition opportunity via a November 17th 22 short put (paying .32 at the mid), in spite of the fact that the company's being a decent dividend bearing play is waning. Alternatively, the November 17th 22 short straddle pays 1.37 at the mid. Going pure volatility contraction play closer in time doesn't pay all that much, with the October 27th 22 short straddle brining in short of 1.00 at the mid.
CSX announces on Tuesday before market open. Background implied volatility's in the mid-30's which places it in the upper fourth percentile of where it's been over the past year. The October 27th 51/55 short strangle's paying 1.24 at the mid, with the comparable defined risk iron condor at 48/51/55/58 paying .92.
PYPL, with a background implied around 30 goes on 10/19 (Thursday) after market close, with the Oct 27th 65.5/71.5 short strangle paying 1.55, and the delta neutral 62.5/65.5/71.5/74 iron condor in the same expiry paying .95.
NON-EARNINGS
MBI, with a background implied of 66 (at the very high end of its range), probably only makes sense as a short put/acquire/cover cycle trade, with the November 17th 6 short put paying .35 at the mid and the 7 paying .76. The former would yield a cost basis of 5.65 on assignment; the latter, 6.24.
P has a background implied of 67 (mid-range over the past year), with the December 1st 7 short put paying .27 (cost basis of 6.73 if assigned) and the at-the-money 8 paying .66 (7.34 cost basis on assignment).
VIX/VIX DERIVATIVE TRADES
Currently, no term structure or contango drift trades are in the offing. The first VIX future trading at >16 is way out in May, and the VIX/VXST ratio finished Friday's session at around .84.
PAYPAL (PYPL) Strong uptrend - Long TermBASIC INFO:
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide.
Revenue seems to be increasing well over the last few year as well as earnings per share. Earning surprise looks great over the last 4 quarters. Consensus on Earnings per share forecast is strong over the next few year and a 17% earning growth rate for the long term 5 year forecast. Paypal is still ahead in price/earnings compared with the industry average.
SETUP:
Posable time for long position seems now with a initial target of 64.95 and a stop of 57.59 with the option to add to the position on pullbacks to the trend line. Lock profit in by adjusting stops up.
PYPL Gartley Bull in progress?Following PYPL since end of 2016
It on median line of pitchfork (possible up inside this channel trend)
or
Gartley Bull in progress so: 1) OUT till D 0.786 retracement and then 2) IN again for LONG?
Market is "nervous" maybe better cash in and waiting aside?
thanks for feedback
5.24.2017 Trade Idea: PYPLIf you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
PYPL concernEven PYPL's ER beat, it possibly won't make it to the new high given the strong resistance around 44.5. During last earning report, PYPL jump-off from 40 to 44 and experienced sell-off till now. I have provided two possible paths for PYPL
PYPL short if...this is just an idea, tracking this pattern and find that is built on some important lines (structures and trends)
if from A will go to B and then to C I think that probabilities will be more than just an idea.
I also find target that are on same structures lines and stop loss too.
so take it like a test or an idea in progress
thank you for feedback!
Paypal: nice doublebottomMain signal formation: double bottom
Buy 38.66 (neck's breakout)
Stop-loss 36.27 (-1 tick under double bottom)
Target #1 41.00
Target #2 42.50
PYPL exceeds expectations!PayPal's Earnings Report came out today, you can find the details - Here
In After Hours, price is currently at $40.85, but tomorrow may push through $41.70 and clear towards $42.50.
PYPL is equally attractive in the long-term aspect, this most recent bounce and the next upcoming bounce will really strengthen this upward trend and fuel us into the $50's. Possibly by the end of May, as more financial reporters improve their rating on this company over the next few weeks.
Graph Summary
- I believe we'll be starting tomorrow in the green highlighted box.
- There may be some sell off's first thing, but I think most of tomorrow's action will be in the $41.---$42.-- zone.
- If we push past $41.70, I'll expect a push to and discovery of a resistance zone around $42.5-.
Thanks for reading, welcome to comments!
PYPL about to pop again?We're getting near where I believe may be a resistance zone, but if a push through $40.50-$40.56 happens, we could see this hitting the $42.00 range!
(D) Looking bullish into earnings. Likely 40, if so.Support from ema50 (Red MA), RSI recently formed a local bottom, MACD near bullish xover, and resistance test near P pivot. If the market turns bearish, an ema50 and $37 support retest likely.
Obey your rules.
PYPL Potential May Pop!PYPL has the appearance of slipping these past few days, but I believe their trend is still headed up, there has not been a lot of recent news on the company to make it swing one way or another, hopefully we can continue to see growth from the company throughout 2016.
I'll be selling with a loss at $36.75-$36.50 if this is not the case and it makes a turn for the worse.
$PYPL (D) Discount Opportunities Approaching (after pullback)Will need a bit of time to work out this pullback. It may retest ema50 (Red MA) for support again in this mildly bearish near term trend. Be patient and stalk an entry.
Bull Divergence on PYPL in the 2 hour time frame both the MACD and RSI are showing bull divergence from today price action. I think this recent downward movement is overdone and expect to see a short term pop back up to resistance at 39.50
PYPL Break through or just news pop?PYPL has been looking more and more promising lately with recent changes to management and the most recent news of plans to acquire Cuban business. However, the recent news seems like a small bubble in comparison to the resistance level it was experiencing the previous week.
PYPL is also very close to breaching it's all time high which could act as another resistance level around $42.
We could see this trend continue in the following weeks, but in the short term, we could see some indecisive waves over the next fews days as the resistance line is accepted or denied.
I'm confident that PYPL will be a good Long hold regardless, the question is the entry point.
