$PYPL: 🎯 Road to $77 🚀Hi everyone,
PayPal's stock appears bullish. Earlier this year, in January leading into February, the daily indicators tested the weekly ones but were rejected, causing a price drop. Recently, however, the daily indicators have successfully breached the weekly ones, propelling the price towards a potential monthly test. The immediate target is set at $77. A breach of this level could see the price aiming for the monthly target. The daily and weekly indicators will be closely watched for support, should there be any challenges in sustaining the upward momentum.
Good luck!
PYPL
MNY a penny stock from Asia catching some buying volume LONGMNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a
90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements,
getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position
in this risky play expecting a great return over the near and intermediate term. If you like
PYPL SQ or SOFI but need something with some better volatility to get try to capture
some quicker profits this might fit your need.
PAYPAL #PYPL --- Ready for recovery rallyObvious that the bear trend is clearly done
Paypal Hodlers should get relief and fresh positions could get rewarded quite nicely
It's not a bullish falling wedge, which is pattern I prefer.
But more of a regular descending channel ...
I think a move to $100 should be the minimum objective.
GRAB - Penny Stock Volatility Based LONG GRAB is a multi-dimensional fintech company serving SouthEast Asia. It does there what DASH
UBER and PYPL do in the US. Like many other or even most penny stocks it has volatility
which is the foundation for swing trading it for good profits. On the 60 minute chart are
the horizontal supply and demand zones as well as dynamic areas of high volume and volatility
as anchored VWAP bands and lines used for analysis that GRAB is now in the area of the
first lower band line and is predicted by the Luxalgo regression forecast to fall into the
demand zone confuent with the second lower band line. For forecast for after a predicted
bounce, GRAB will move higher toward the supply zone on the chart. Accordingly,
I will watch GRAB to fall into the demand zone where it will pick up long buyers such as
myself. I sell set a stop loss at 2.90 and two targets, the first being the mean VWAP level
of 3.2 for a close of 1/3rd of the position and then 3.4 ( first upper VWAP) for a close
of another 1/3rd of the position and finally a target of 3.55 just under the demand zone.
The trade is for a trade of about 15% gain over 1-2 weeks which needs little attention when
alert/ notification price levels are set. This allows for stress free trading without much
effort or screen time.
Paypal #PYPL: Elliott Wave Analysis 🚀🌐A remarkable surge in Paypal!
Likely concluding the overarching Wave II in October, we've since built Wave (i). Our limit order at the 50% retracement was missed, but with the CEO's announcement that Paypal is set to change the world, it skyrocketed by 15%. The future trajectory of Paypal remains to be seen, but we anticipate at least a rise to $80. Long-term, we set our sights on significantly higher targets, given that this is the initial Wave II, and we shouldn't drop back to the $50 or $57 levels. 🚀🌐
PayPal Appoints Ex-SoFi Executive as Chief Enterprise Officer PayPal ( NASDAQ:PYPL ), a global leader in digital payments and commerce solutions, continues to fortify its leadership team with the appointment of Aaron J. Webster as Executive Vice President and Chief Enterprise Services Officer. With extensive experience in risk management and global operations, Webster's addition underscores PayPal's ( NASDAQ:PYPL ) commitment to enhancing financial crime prevention, regulatory compliance, and customer protection measures.
A Seasoned Executive Joins PayPal:
Aaron J. Webster brings a wealth of experience from his tenure at SoFi, where he served as Chief Risk Officer and Global Head of Operations. With a track record of building integrated risk management frameworks and driving operational excellence, Webster is well-equipped to lead PayPal's initiatives in financial crime prevention, regulatory relations, and risk management.
Driving Innovation and Customer Protection:
As the new Chief Enterprise Services Officer, Webster will spearhead efforts to strengthen PayPal's global financial crime and fraud prevention programs. His leadership will be instrumental in advancing PayPal's mission to revolutionize commerce while ensuring the highest standards of security and compliance. With cyber threats on the rise, Webster's expertise will play a pivotal role in safeguarding PayPal's customers and fostering trust in the digital payments ecosystem.
Continued Focus on Growth and Evolution:
PayPal's CEO, Alex Chriss, expressed confidence in Webster's ability to drive growth and enhance customer relationships through effective risk management strategies. This appointment aligns with PayPal's broader strategy of bolstering its leadership team to navigate an ever-changing business landscape. As PayPal ( NASDAQ:PYPL ) continues to expand its presence globally and innovate across various verticals, Webster's leadership will be integral to driving sustainable growth and maintaining regulatory compliance.
Webster's Vision for PayPal:
In his statement, Aaron J. Webster expressed his excitement about joining PayPal ( NASDAQ:PYPL ) and contributing to its mission of revolutionizing commerce worldwide. He emphasized the importance of protecting customers and enhancing PayPal's capabilities to adapt to evolving threats and regulatory requirements. Webster's vision aligns with PayPal's commitment to innovation, customer-centricity, and operational excellence.
$PYPL turnaround storyNASDAQ:PYPL looks as if it wants to bottom. It surely has taken a beating.
Took a position in it a few days ago, waited for earnings. Could be a good turnaround story with activists.
First time, since the last 4 earnings that it didn't go lower on announcements.
Would like to see this close above 66. That would be a nice confirmation.
This could be like our NASDAQ:META call sub $100. If it is, #Paypal can go to 120-180.
Is PYPL ready for recovery?n the daily chart PYPL is at its six-month lows sitting on the support /demand zone after recent
earnings which were helpful in showing earnings and revenues holding up. Upside to resistance
is about 25%. The volume profile shows heavy volumes at both the current price and at $75
Any upward price action would likely experience volatility at $7 5 as that is where a large
a number of institutional traders are situated. This is also approximately where the mean long
term anchored VWAP is extending. The MACD indicator's lines have crossed under the histogram
which is now green and positive. They are approaching the horizontal zero line. Trading volumes
have increased since the last earnings and so shares are being accumulated which usually
results in prices rising gradually over time.
I see this as an excellent long trade setup targeting first $ 75 and then $87 just under the
resistance zone with a stop loss in or under the support.
PYPL falls into deep oversold zone LONGPYPL on the 30-minute chart over the past week fell 10 %, Based on the anchored
VWAP bands as well as the volume profile it is in deep oversold territory potentially
as a reaction to the stablecoin plan. Volumes are relatively hig while the ZL MACD
has had a line cross under a flipping histogram. I see this as an excellent long
swing trade setup targeting the mean VWAP or the POC line as the first target for 50%
of the trade and 25% each targeting the upper VWAP lines. I will take a combination
of a number of stocks and a put option 2-3 months out for some trade risk insurance.
SOFI flat to slightly negative YTD LONGSOFIR showed here on the 30 -minue chart has had great volatility in going no where since
the start of the year. Volatility can be harnessed for profit. This is the essence of swing
trading. With an intermediate term anchored VWAP band and line setup, it can be readily
seen that price first was resisted by the second lower band line in purple then broke out
through the band lines to meet resistance at the second upper band line ( again in purple)
and broke down through the band lines to get support at the first lower band and then
reversed and returned to the second upper band where it was rejected and fell into the
support of the second lower band from which it is now bouncing. This is a VWAP band
oscillation pattern which can be traded. I will take a long trade of SOFI here, first
targeting the mean VWAP at 8.05 and then 8.6 below the first band and finally 9.05
below the second upper band. Partial closures at 25%, 50% and 25% respectively.
I see this as a way to exploit SOFI volatity in swing trade profits which can also setup as
short trades.
EXFY a fintech penny stock at 5% of the ATH LONGEXFY recently had an earnings beat and has bullish momentum. While on a sixty minute chart it
may appear to be overextended, in the context of an all-time-high of about $50 perhaps it
has as much as 20X upside. EXFY rose from the earnings beat and then retraced and reversed the
retracement. I see it as a long wing trade perhaps until the approach to the next earnings.
The volume and volatility indicators suggest bullish momentum is strong and may continue.
PYPL tries down ward resistance and failsPYPL continues to fail at breaking through its downward trend even selling off roughly after trying.
Breaks through its smaller upward trend
Fails twice to break its long term down ward trend
Sells off dramatically shortly after the failed attempts to break through.
Market overall is starting to go into a decline.
We should expect more selling to continue in a longer term time frame.
Interesting data being formed in long term charts $CSCO $PYPL +Have been looking at a ton of some setups looking for UNDERVALUED & UNDER LOVED #equities.
Have been opening them up to Weekly & Monthly charts.
What has been found is quite INTERESTING.
Here's 4 (only NASDAQ:PYPL shown here - Please see profile for more data)
NASDAQ:CSCO forming a head & shoulder pattern.
NYSE:AAP severely beaten up but improving technical data.
NASDAQ:PYPL money flow is improving. (nibbling here for entry position)
NASDAQ:INTC improved, kind of like CSCO, dropped & rallied. (Spoke on Intel some time ago & has performed well).
$PYPL Short Idea We see the NASDAQ:PYPL has gapped down after earnings and breaking our upward trendline. It is currently retesting that trendline as resistance and if rejected this name can be taken short under $55.
Its also notable to mention that the moving averages have crossed signaling downward momentum.
PYPL PayPal Holdings Options Ahead of EarningsPYPL had some events in the past 2 years that determined its price action.
Went down after its CFO left for Walmart:
Had a technical rebound buy opportunity after reaching the 2017 support:
and determined a lot of users leaving their platform after announcing a $2.5K fine for spreading misinformation:
Now analyzing the options chain and the chart patterns of PYPL PayPal Holdings prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $8.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
$PYPL - Target Price $45 with Bearish ChannelThe downward bearish channel is still intact. There are resistances every time the stock price touches the top of the channel creating opportunities to short. Watch for continuation of selling pressure heading into the gap area which will eventually be filled at around $45. Another strong support is at the $42.58 area.
Chainlink and Paxos Forge Alliance to Boost PayPal USD AdoptionChainlink and Paxos have joined forces to bolster the utilization of PayPal USD ( SEED_DONKEYDAN_MARKET_CAP:PYUSD ). This strategic alliance aims to leverage Chainlink's robust infrastructure and Paxos' expertise in stablecoin issuance to propel SEED_DONKEYDAN_MARKET_CAP:PYUSD into the forefront of on-chain transactions. By introducing the SEED_DONKEYDAN_MARKET_CAP:PYUSD Chainlink Price Feed on the Ethereum mainnet, the partners are set to revolutionize the landscape of tokenized real-world assets (RWAs) and pave the way for scalable on-chain finance solutions.
Integration of Chainlink Price Feed:
The integration of Chainlink's Price Feed for SEED_DONKEYDAN_MARKET_CAP:PYUSD heralds a new era of transparency, reliability, and decentralization in accessing market data for the PayPal USD stablecoin. With a focus on delivering highly accurate insights, this alliance empowers users with the necessary tools to engage in online transactions securely. By harnessing data from premium aggregators and deploying secured node operators, Chainlink ensures the integrity of PYUSD data on-chain, thereby laying the groundwork for widespread adoption and liquidity generation.
Advancing Tokenized Real-World Assets:
Beyond facilitating seamless transactions, the collaboration between Chainlink and Paxos underscores a shared commitment to advancing tokenized real-world assets. By providing a trusted framework for integrating SEED_DONKEYDAN_MARKET_CAP:PYUSD into decentralized ecosystems, the partners are poised to unlock new opportunities for billions of users worldwide. Moreover, the utilization of Chainlink Price Feeds not only enhances the credibility of SEED_DONKEYDAN_MARKET_CAP:PYUSD but also strengthens the broader ecosystem of stablecoin-based initiatives.
Navigating Regulatory Challenges:
While the launch of SEED_DONKEYDAN_MARKET_CAP:PYUSD marks a significant milestone in the evolution of stablecoins, it is not without its regulatory challenges. Amid concerns from U.S. lawmakers regarding the absence of a comprehensive crypto regulatory framework, the path to mainstream adoption remains fraught with uncertainties. However, the collaborative efforts of Chainlink and Paxos exemplify a proactive approach towards addressing regulatory concerns and fostering a conducive environment for innovation in the crypto payments landscape.
Driving Interoperability with CCIP:
In tandem with their efforts to promote PYUSD adoption, Chainlink continues to champion interoperability within the crypto ecosystem. Through initiatives such as the Cross-Chain Interoperability Protocol (CCIP), Chainlink has forged strategic partnerships with industry leaders like Circle to facilitate seamless cross-chain transfers. By integrating Circle's Cross-Chain Transfer Protocol (CCTP) into CCIP, Chainlink is bridging the divide between disparate blockchain networks, thereby unlocking new avenues for collaboration and growth.
Conclusion:
The collaboration between Chainlink and Paxos represents a pivotal moment in the evolution of stablecoin adoption and on-chain finance. By harnessing the power of Chainlink's Price Feeds and Paxos' stablecoin expertise, the partners are poised to redefine the future of online transactions and tokenized real-world assets. As regulatory frameworks continue to evolve, initiatives like PYUSD underscore the transformative potential of stablecoins in reshaping the global payments landscape. With Chainlink leading the charge towards interoperability and Paxos driving innovation in stablecoin issuance, the stage is set for a new era of decentralized finance powered by collaboration and technological innovation.
PayPal's Innovation Drive and Strong Earnings Outlook
In a recent surge, PayPal ( NASDAQ:PYPL ) shares experienced a 6% rally during the last trading session, closing at $65.82. This upward movement is credited to significant trading volume, indicating increased investor interest. The company's robust performance is not confined to the stock market alone; it extends to operational strengths and strategic innovations. As the digital payments giant gears up for its upcoming earnings report, all eyes are on the impressive trajectory it has been following.
Riding the Momentum:
PayPal's sustained rally is fueled by the strength of its diverse portfolio. The company is not merely a payment platform but a technological powerhouse, offering a range of services from core peer-to-peer transactions to the increasingly popular buy-now-pay-later services. The company's Checkout experiences and growing customer engagement are pivotal factors contributing to its success.
According to recent data, PayPal is expected to post quarterly earnings of $1.36 per share, reflecting a commendable year-over-year change of +9.7%. Revenues are projected to reach $7.88 billion, marking a 6.7% increase from the previous year's quarter. The positive trends in earnings estimate revisions over the last 30 days indicate a potential for further stock price appreciation, underscoring the optimistic outlook for PayPal ( NASDAQ:PYPL ).
New Leadership, New Initiatives:
PayPal's ( NASDAQ:PYPL ) new Chief Executive, Alex Chriss, has wasted no time in driving innovation within the company. An upcoming online presentation is set to showcase the innovations PayPal plans to introduce in 2024, creating anticipation in the market. Chriss and the new Chief Financial Officer, Jamie Miller, are expected to unveil conservative 2024 guidance during the earnings report on Feb. 7.
A notable aspect of PayPal's evolution is its shift from being a mere online checkout site to a comprehensive mobile shopping and person-to-person payments platform. Under Chriss's leadership, PayPal ( NASDAQ:PYPL ) is set to expand its services in the small- and medium-sized business market with the introduction of "PayPal Complete Payments." The company's strategic move towards a more integrated e-commerce platform reflects a forward-thinking approach to meet the evolving needs of consumers and merchants.
AI-Powered Growth:
RBC Capital analyst Daniel Perlin speculates that PayPal's innovation event will focus on its robust data assets, leveraging artificial intelligence (AI) to enhance authorization rates for merchants. The CEO's mention of the use of AI to address increasing advertising costs for small and medium-sized businesses suggests a comprehensive solution that integrates PayPal's two-sided ecosystem into a cohesive e-commerce platform.
Conclusion:
As PayPal ( NASDAQ:PYPL ) continues to assert its dominance in the digital payments landscape, the convergence of technological innovation, strategic leadership, and positive earnings outlook positions the company for sustained growth. Investors and industry enthusiasts alike will be closely monitoring the upcoming earnings report and innovation event for further insights into PayPal's trajectory in 2024 and beyond.
PAYPAL NEEDS TO STAY ABOVE WATER NOW (200 Day MA)PAYPAL - NASDAQ:PYPL
✅PUSHING ABOVE THE 200 DAY
Price failed here and rolled over in Feb and Aug 2023 but this has a very different feel to it. Hoping we break well above it and then bounce off the 200 for confirmation.
Lets see can we keep out head above water
PUKA