Pypllong
PayPal, Back to "THE ORIGINAL CHANNEL"After a very significant drop, #PYPL finally arrived to its origin station.
IF price breaks this channel path 2 will be the future.
IF price fails to break this channel path 1 will come.
Since price has already fallen 70% below its high, path 1 is more convincing.
NOTICE:
This is not a financial advice
$PYPL Time for a reversal?(LONG)
I want to see if it creates a demand in 99$ area, making its way to 100.54.
Next, I want to see it break out and retest that area and make a leg up. I'll enter at the retest or a pull back. Taking any profits if it is nearing resistance.
(SHORT)
Will buy put if it breaks the structure, retest previous support. Theres a good support around 94 - 95 area so that would be my target.
PayPal (PYPL) | Possible Short-term Rejection AreaHi,
Why short-term? Yes, after you have made your analysis, you can start loading your long-term positions also from the shown area but to me, it looks like it stays there for a while. Despite that, possibly we can catch the first movements upwards.
Atm my scenario would be: bounce from the shown area to around +20 to +50% then back to around $100. For me, it isn't very logical that if we get a bounce then it would be the bottom. After such a huge slump the price needs to rest a bit but still, I would like to share this area for short-term investors.
Do your own analysis and invest cautiously!
Regards,
Vaido
Interpreting the PYPL fallPYPL has fallen ~25%, this provides a great dip buy opportunity. It is barely a dip but a pullback to a major trendline.
The falls can be attributed to each moving average, the first the 50MA (in green), the second the 100MA (in orange), and the third and current, the 200MA (in red)
Great buy
PYPL $215 PTThe crooks on Wall St have probably built out a nice position in PYPL, ready to sell back to retail when it rallies. I'm betting PYPL breaks out of the down trendline and pushes back into the $205-$210 range. Playing a calendar spread on this one. $205 Strike with short leg expiring 1/21 and long leg expiring 2/4 for a debit of $1.30. Potential 3X'er if all goes well.
PYPL (PAYPAL HOLDING) WILL MAKE NEW LOWPYPL (PayPal Holding) will rise a little bit and after that, it will make a new low to finish the correction and after that, it will most likely go upside.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only.
All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#PAYPAL #PYPL #PAYPAL-HOLDING
PYPL Key Levels and Thesis PYPL has traded back down to its consolidation zone from August-October 2020. In theory the stock could re-auction in a similar zone of 174-203 as the market gets hit. However, if PYPL continues to trade lower a test of the gap up from 138 would be the next stop. PYPL has done well in expanding their business model with integration into crypto and buy now pay later systems through their acquisition of Paidy in September. This acquisition and miss on revenues could explain the near term shift in the stock. That being said, the costs of crypto integration and acquisitions are only a near term issue. The past few months, strength from value stocks and a recovering dollar has pressured growth stocks such as PYPL. Despite this, the stock is poised to recover swiftly when a second tech rally plays out. Some topside levels to watch are 216 where the stock could see some overhead supply after a gap down. Another level to watch is 251. A close above this level would give me confidence for the stock pushing into ATH’s.
PayPal (PYPL) AnalysisPayPal has reclaimed a nice trendline
On this chart two points can be compared that are very similar
The first point ends up with bullish continuation, hence we can make the assumption that the second formation, due to it's similarity will act the same
Key comparable areas in corresponding colours.
PYPL BOTTOM ?There is a wolfe wave setup on the Daily time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 287 which is expected to reach this price target at the apex which is in March post earnings. There is a gap at 211 to keep in mind.
PYPLNASDAQ:PYPL
There it can go
IMHO not IR.
Methinks that the biggest part of Byers from CB-zone sold shares at BA-zone and new shareholder came three (at B-A)
So now it can't be so many Sellers to crush price down more.
And I expect if the Earnings - OK (not good not bad) price will go immediately up on impulse.
Not many bad news around PYPL - its a good stable company with clients. Its gains cash and make its own way develop.
Somebody may expect bad Earnings - it not be such a trouble because macro news good. Who would set up a short position?