PYPL Return to Major Trend LinePYPL has seen heavy descent from its ATH
However it still has a long term trend line intact (solid white line)
This point aligns with 0.382 and should be treated as a bottom point for PYPL
PYPL
All set for a pump here?Its sitting on weekly support line. It can jump from these levels as long as it remains above those two blue lines. Can hit $12. For long term investment, it may need more time.
All set for a bounce?We can have a bounce here for a month or so. Its sitting on a weekly support. Good swing trading set up.
PYPL - BULLISH LONG TERMPYPL is an incredible company, revenue growth Y/Y continues to be consistent. We are now valued lower than when COVID hit and earnings were only HALF what they are now. BULLISH DIVERGENCE ON THE RSI ON BOTH THE WEEKLY & DAILY CHARTS. Long term this is an incredible entry in the $70’s-80’s.
PYPL BULLISH RSI DIVERGENCEPayPall share price has been sharply down this year. Investors are scared of a slower growth in e-commerce transactions in the near future.
While a slower growth in e-commerce transactions is possible in connection to the increasing probability of an economic recession in the next 12/18 months the e-commerce percentage of total world wide retail sales is expected to reach 25% in 2025
PayPall balance sheet remains strong and it’s market share as of today represents 50% of the online payment processing environment.
The current RSI divergence both in the daily and weekly frequency signal an interesting opportunity to initiate a long position in PYPL
PYPLPaypal major collapse, could be making a massive weekly head and shoulders.
Currently though bouncing off a weekly double bottom.
Outlook is some more chop into a bounce, beginning the right shoulder.
However, might just start rallying from here. Also not sold that a right shoulder would complete, more of a bounce higher from this level trade.
Update to Mirror pattern $pyplPrice has risen to potential resistance based on mirror pattern. $pypl
Mirror pattern on $PYPL continues to nail itMirror pattern on $PYPL that I have been posting here continues to perform. Has expanded in time in a bit over the last month.
SQ will make you RICHSQ can be one of the best investments of your life if you are able to catch the dips. Our Fibonacci Circle identifies strong resistance coming up in the $150 range, but I see us blowing straight past that and going to $170. Yesterday was a very good time to buy and now time to watch your money grow.
Close but not quite readyPaypal is down 65% from its ATH last July. It's now flirting with a supply zone that stretches back to 2017. While I'm seeing Bullish Divergence here, I'm also seeing a downward sloping trendline that makes me think we might see one more sharp move down (into the supply zone) before establishing a bottom. If you're a long-term investor, this could be a great place to start building (or adding to) your position.
-Mercury
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$PYPL: Buy here...Risk is small.Paypal has finally acted like it is forming a bottom, after a long and bloody decline that drove it down 70% from the top. I think the market is going to produce a substantially big relief rally, similar to the move that took place in the year 2000, from May to September back then. Equities then proceeded to roll over steadily, after triggering a monthly timeframe Time@Mode down trend signal. Sentiment is extreme and people have finally panicked enough with rising oil and the war in Ukraine situation, to the point that I think a rally will catch everyone offside here.
Best of luck,
Ivan Labrie.
PYPL reaching a descent support after a long down trend
red candle closed near the level
best move : wait for the next candle to form . make your move depends on if it broken the level or rejects it
personal opinion : 75% chance will see a rejection from the level and a steady after it will follow
PYPL CFO leaves for WalmartAfter this bounce to the resistance area:
The CFO of PayPal leaves for top finance job at Walmart.
This could trigger another stock sell, the price target being $93.
Looking forward to read your opinion about it.
PYPL target 140-150Very nice declining volume saucer or maybe even inverse H&S here. MACD turning up. cracking through 125 opens the door to 140. possible gap fill to 150, but probably not this week.
top view analysis - COIN, FB, PYPL, SAM, SQThis Video covers general views of the above tickers, TOP view analysis (longer term charts) Weekly and daily.
Growth Capped by the 50 Day Moving Average These are 6 randomly selected growth stocks that have been hammered and just rejected off the 50 day moving average yesterday.
Watch for the downside trend to continue in these stocks until they're able to at least breach the 50dma.
The question is do these stocks make higher lows (if the downward trend continues) or lower lows?
IMO if you are a trend follower, you should avoid any stocks on the long side if they look like this (unless you're trying to day trade a bounce).
PYPL pennantPYPL looking bullish. Nice pennant formed on the daily with strong support established. No reason this shouldn't rip from a technical standpoint. Once the pennant breaks to the upside I'd expect a move to $118 and then $124-125. Volume profile looks really good, not much resistance above $118.
$PYPL Looking for a Breakout to fill Gap down from $160+ to $200Let's start with the Tech side of things:
1. Has flipped the PARSAR bullish on the daily and is about to flip it bullish on the weekly
2. Accum/Distri has begun to climb sideways and upwards on the daily and the weekly after being down since Oct last year
3. MACD is been flipped bullish on the Daily and is about to be flipped bullish on the weekly
This is just a few of the technicals that have turned bullish in the last few weeks, there are several more.
Analysts:
1. MoffettNathanson's Lisa Ellis raised her buy recommendation to $190 this past week
2. Deutsche Bank's Bryan Keane raised his buy recommendation to $200
Why are they Bullish?
Keane met with Paypal's CFO John Rainey this past week, following which he wrote that: "Beyond new product initiatives, PYPL also stands to benefit from expanding into China later in the year (catalyst for ) as well as through increased omni-channel capabilities as it integrates card based solutions and Zettle."
Zettle by PayPal is its point-of-sale solution; its maker was bought by PayPal in 2018.
Ellis wrote that she believes the stock is very attractively priced, and that she " upside from the strong U.S. eBay growth (27% in 4Q21), a macro recovery in China and other international markets, and the rollout of new services, including , crypto investing, and bill payment."
$SPY Clear Breakout Continues Monday Possibly into Wednesday$SPY has been on an absolute tear the last few business days and for good reason.
For the most part the interest rate hikes, war in Ukraine and the "New" Covid subvariants from Europe are all baked into the price and the tide has turned, there are now more bearish than bullish people which means its a time to buy.
The uncertainty surrounding the markets have indeed tapered off. I expect stocks like $PYPL $MULN and Tech Electronic stocks to gain back considerable ground.
Not to mention on the tech side of things the $SPY has broken the key resistance at the 50MA and 200MA and is about to break through the Ichimoku Cloud.
$PYPL Bull case.No indicators, what I would like to see from a pure price perspective with the legs up, market may not allow. Void under 116.5 as we go right back into a chop zone.
