NVDA, AI MARKET Volatility-DRIVER, Prospects and Considerations!Hello There!
Welcome to my analysis about NVIDIA on several timeframe perspectives. The fourth industrial evulotion is accelerating massively with many stocks adopting the AI technology and others, the ones that are still operating on old economy level and do not adopt the new technology seems to depreciate and do not move forward with the rally similar as it has been seen within the dot-com bubble where 90% of the stocks within the market have been burned and did not recovered. Now, a major question is if NVDIDIA is catching the same fate and if it is ripe for a huge bearish bubble burst or it continues to print solid continuations and upside potential as it made within the recent times.
In this case the main AI Stock Index is a important indication as well as the fact that NVIDIA is continuing with the trend dynamics here. Especially as NVIDIA already moved faster and approached the all-time-high it has room for further continuations similar as it is within the wave developing within the AI Stock Index. This means that NVIDIA is having the target-zones within the upper boundary of the channel at around 1000. Once these have been reached it could turn out to be a major bearish distribution zone if the market changes and interest rates climb to higher levels. Therefore it will be important how and if NVIDIA shows up with bearish momentum because this is going to alter the dynamics.
In this manner, thank you everybody for watching, support is greatly appreciated, all the best!
VP
Stocktrading
AT&T retreate downwardsAT&T retreate downwards
This chart shows the weekly candle chart of AT&T company's stocks over the past six months. The graph overlays the golden section above the low point of July this year. As shown in the figure, the highest point of AT&T company's stock last week just hit the bottom of the graph, which is 1.382 on the golden section, and then retreated downwards! The recent strong support for AT&T company's stock below is the 0.618 level of the golden section above the bottom in the figure. In the future, this position can be used as the watershed to determine its strength!
Booking (BKNG) -> Pay Very Close AttentionMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Booking Holdings.
Almost 10 years ago Booking Holdings stock entered a quite decent rising channel and is currently retesting the upper resistance from which I do expect a minor bearish rejection.
I would then look for longs at the $2400 structure zone or the $1900 rising channel support since the overall trend is still quite bullish and I do expect a bullish reversal there.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
AMAZON: Testing the 1D MA100. Will it hold?AMAZON is on the third straight day where it respects the 1D MA100. Holding this level translates into a rebound base as the long term pattern is a Channel Up. The 1D technical outlook hasn't been lower thought (RSI = 40.739, MACD = -0.760, ADX = 35.289) since December 28th 2022, so the slightest cross below, should extend the downfall under the Channel Up and towards the 1D MA200.
The Huge Buy Zone is inside the 0.382 - 0.5 Fibonacci range. Those will be the two buy entries and our target on the medium term is the R1 level (TP = 145.90).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
NIFTY SEP-OCT NEUTRALThe circle area might have huge risk & volume with high volatility
If the price goes below circle, take a SHORT at given arrow and wait for 300 points
If the price bounces back 2 cases
Enter #LONG if it goes like green line at given arrow and wait for 300 points
Enter #SHORT if it goes like orange line at given arrow and wait for 500 points
LVMH (MC) -> Buy The Stock Right Herey name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitaliz e on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on LVMH.
For the past 7 years LVMH stock has been trading in a decent rising channel and just recently retested and rejected the upper resistance trendline at the psychological 900€ level.
Also considering that this is a simple break and retest of the previous all time high from January I am just waiting for bullish confirmation before I think that another push higher will occur.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
SQ has hit a new lowSQ has hit a new low
This figure shows the weekly candle chart of Block Company's stocks in the past three years. The graph overlays the top to bottom golden section for 2021. As shown in the figure, the stock of Block Company fluctuated and organized in a rectangular range that remained relatively low from May 2022 to the previous week. This week, it has hit a new low in recent times, reaching below the top to bottom golden section of 3.618 in the figure! The stock of Block Company is about to challenge the bullish starting point at the bottom of early 2020, which is the opening price of $38.47 for the week of March 23, 2020!
THE S&P 500, THE BEARISH ENCOUNTERS ARENT OVER YET!!!Hello,
Welcome to this analysis of the S&P 500 from the daily timeframe perspective. Since the S&P 500 showed up with heavy pullbacks from its top established in January 2022 the financial markets are in a shock and asking where the S&P 500 will move next and if the bearish declines are over yet or there is more to come. When looking at the economical situation the world population needs to admit that we are still in an uncertain situation with the economy damaged by the Corona Virus pandemic way not recovered and where it was before the pandemic. Besides that, the disruption of Supply Chains is going on and is increasing because of the geopolitical conflict situations. Furthermore, there is accelerated inflation and central banks are trying to catch the train too late to tackle inflation by increasing the interest rates. When looking at the technical side of the situation it needs to be stated that it is in line with the fundamental side as when looking at my chart the S&P 500 is building this main descending channel with a wave-count within and the wave B forming the bear flag within this wave count. When the S&P 500 now moves below the lower boundary of the flag this will be the setup for wave C and continuation in this direction. If the bear flag completes this will activate the target zone as seen in my chart and from there on the situation needs to be assessed again. In any case, for now, we should not underestimate the bearish scenario here and be prepared for upcoming volatilities, it will be a crucial development ahead.
In this manner, thank you for watching the analysis, all the best!
"The high destiny of the market is to explicate, rather than to speculate."
Information provided is only educational and should not be used to take action in the markets.
AAPL; Major Descending-Triangle, Main Potentials Given!Hello,
Welcome to this analysis about AAPL on the daily timeframe perspectives. When considering the individual stocks within the stock market we can watch very different developments currently with stocks such as PYPL or FB showing up with huge declines to the downside while there are others that are holding their ranges as also building up solid potentials. Therefore it is necessary to differentiate the market and look on where are potentials given. Therefore I detected the main formation forming with AAPL that can show a worthwhile opportunity in this market once completed. When looking at my chart now we can watch there how AAPL develops this major descending-triangle-formation with the coherent wave-count in the formation and the wave E remaining to be completed, besides that AAPL has great support in the structure established by the major support-cluster which is marked in orange in my chart, there are coming several supports together in this cluster and this is why there is an increased likelihood given that AAPl bounces in this cluster. When AAPL manages to bounce in the support-cluster and finally settle above the upper boundary of the descending-triangle-formation this will complete the whole formation and AAPL will set up for further continuations. Once the whole formation has been completed AAPL will activate the main target zone marked in my chart, once this zone has been reached the situation needs to be elevated again and AAPL needs to show if it manages to built up further from this point on, it will definitely be an interesting development and for now, AAPL is showing some great establishments that can convert into a fruitful opportunity.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
BERKSHIRE HATHAWAY, Massive Bull-Pennant On Huge Earnings Boost!Hello,
Welcome to this analysis about the Berkshire Hathaway Stock on the 4-hour timeframe perspectives. As I detected the stock has shown up with great earnings numbers recently with the earnings showing substantial percentages upward, besides that I spotted a main pivotal formation forming here. As when looking at my chart now we can watch there that the stock is building this massive bull-pennant formation with the coherent wave-count within already completed and the stock recently showing up with great bullish volatility penetrating the upper boundary and staying above the 100- and 200-EMA to mark them as support. The whole pennant will be completed when the stock finally breaks out above the upper boundary as it is seen in my chart, this breakout will activate the upper target zone marked in my chart between the 525000 and 530000 level. For now, there is a high likelihood given that this whole formation completes in the near future and once this happened the further volatilities as well as targets will be activated.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
SPX, Massive Breakdowns, Formation Completed, Crucial Sights!Hello,
Welcome to this Update-Analysis about the S&P 500 Index and the 12-hour timeframe perspectives. Since my last idea about the Index, the whole H-S-Formation that I mentioned has been finally completed and the Index heavily increased with bearish volatilities. The breakdown emerged after the FEDs announcement to possibly decrease their balance sheet which currently has a total balance of 8.7 Billion US-Dollar, also the FED is looking to increase interest rates, there was no action taken yet however the sheer announcement of it already caused turmoil in the market. Now the index already moved into the initial target-zone that I mentioned, if you did not see the analysis already I highly recommend it to watch as this one is building a coherent follow up on the previous analysis, therefore I am looking at all the important levels, upcoming determinations and structural formations we need to consider here.
Structural Developments:
As when looking at my chart we can watch there how the Index is now moving and testing the remaining supports at the 4380 levels which are also the first head shoulder targets nevertheless according to the high bearish momentum with which the Index showed up here there is an increased likelihood given that a bearish continuation is indicated. Therefore, currently, it is likely that the Index shows up with an initial bounce which moves on to test the 85-EMA in red and the 45-EMA in green which are currently still resistance. How the Index moves into these EMAs will determine upon the outcomes of either a bearish continuation or a reversal. Therefore when the Index shows up with an increased bearish pullback this will likely lead to a bearish continuation and wave C extension within the bearish continuation zone marked in my chart in red.
Upcoming Determinations:
When this does not happen and the Index somewhat manages to stabilize in the structure within the potential reversal zone there is also a reversal possible however due to the fact that the Index already heavily increased bearish volatility there is a higher possibility given that the bearish continuation will emerge. In this case, targets of 4150 to 4170 will be indicated. Taking these factors into consideration simultaneously it will be also important what the FEDs decision will be next week because when the FED comes up with a decision on increasing the interest rates this will be a high likelihood indication for further declines to follow up in the market. A similar indication will be given when the FED decides upon decreasing their balance sheet, such a development will lead to similar bearish causing, it will be a crucial dynamic ahead.
In this manner, thank you for watching the analysis, all the best!
"There are many roads to prosperity, but one must be taken."
Information provided is only educational and should not be used to take action in the markets.
AAL has plummeted in 10 weeksAAL has plummeted in 10 weeks
This chart shows the weekly candle chart of American airline stocks from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the stock of American Airlines has maintained a relatively weak and volatile consolidation pattern after completing a small level double top pattern in March and June 2021. The low point in October 2022 just stepped back on the 0.236 position of the bottom to top golden section in the figure, completing the shoulder position of the large level head to shoulder! The stock of American Airlines has plummeted in the past decade and is about to hit its October 2022 low again! So in the future, we can use the low point in October 2022 as the watershed to determine the strength of American airlines!
VISA: See the excellent levels this strategy offers.Visa has been trading inside a Channel Up pattern but lately with the 1D technicals neutral (RSI = 50.905, MACD = 0.560, ADX = 28.391). This is despite staying on high levels, finding support on the 1D MA50.
As long as this and the Inside HL trendline hold, we are bullish, aiming at the Inside HH (TP = 251.00). If the price crosses below however, it is very likely to see a 1D MA200 test. Don't buy though before the 1D RSI enters the 0.236 - 0.0 Fibonacci Zone, which has been the strongest buy signal when the last two HL levels of the Channel Up formed. As previously, we will again aim at the Inside HH (TP = 252.00).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Visa has formed a large level double topVisa has formed a large level double top
This figure shows the weekly candle chart of Visa's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the combination of last week's high point and 2021 high point of Visa's stock has formed a large level double top shape, both of which are suppressed by the 2.618 position of the gold split at the bottom of the figure! This week, the stock of Visa has fallen back to the bottom of the chart, which is 2.382 on the Golden Divide. In the future, this position will serve as the watershed for judging its strength!
MICROSOFT: Last chance to rebound. Selloff under this trendline.Microsoft is on a neutral technical setting on the 1D timeframe (RSI = 47.707, MACD = 0.040, ADX = 29.959) despite trading on the HL of the Rising Megaphone for the second time in 30 days. As long as this trendline holds, MSFT is a buy signal, targeting R1 (TP = 366.50). A cross under the Bullish Megaphone, will be a sell signal aiming at the 1D MA200 (TP = 300.00).
It is worth mentioning that the 1D MACD formed today a Bearish Cross, the first since July 21st. The pattern could be replicating the price action of September-November 2022.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
GOOGLE, Massive FLAG-FORMATION Completed, Targets Activated!Hello There!
Welcome to my new analysis of GOOGLE. There are important developments going on within the whole stock market as the volatility increased within the recent quarter the market momentum is likely to reach major extinctions throughout the next months in 2023. What is important here is that traders do not get trapped in just trading the whole market in the same direction because this can be highly fatal as there are many different setups within the market, bullish as well as bearish. Therefore, it is of utmost overwhelmingly high importance to choose the setups with a bullish potential for the long side and the setups with a bearish potential for the short side to move forward with the total-return approach which I already pointed out in previous publications.
With GOOGLE I have spotted interesting underlying dynamics that point to a major bullish scenario perspective and a main approach on the bullish side. When looking at my chart GOOGLE recently completed this major ascending bull-flag formation with the breakout above the upper boundary which it is now forming the next continuation formation that is approving the full completion of this major formation. The price action towards the uptrend direction is backed by the 65-EMA, the 35-EMA, and the major uptrend channel. Also, the price action already moved on with emerging with the paramount wave count with the major wave C now developing to move into the upper spheres of this whole chart price action.
With the completion of the major bull flag formation, the price action has activated the first main target zone within the 146.25 level as it is marked in my chart. Once this zone has been reached it will be highly important to determine with which volume the price action reached the zone, if it is steadily increasing higher also there is an important potential for the wave C extension to emerge with a breakout above the initial target zone. When this happens and GOOGLE has the ability to emerge with the wave C extension this is going to activate the next target zone as marked in my chart within the 157.05 level. The next times will be highly decisive here. Remember, that not every stock within the market is showing such bullishness, therefore it is necessary to measure the main underlying dynamics as I am doing it within my analysis.
In this manner, thank you everybody for watching my analysis of GOOGLE. Support from your side is greatly appreciated.
VP
Coca-Cola fall back to 1.618Coca-Cola fall back to 1.618
This chart shows the weekly candle chart of Coca Cola Company's stock from the end of 2019 to the present. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, after peaking at the end of April 2022, the stock of Coca Cola Company broke out of the large triangle fluctuation and consolidation trend. In October 2022, after stepping back on the bottom of the graph to the top of the golden section at 1.382, it also broke out of the triple shoulder position of the head, shoulder, and top! At present, Coca Cola's stock has fallen back to the bottom of the chart, which is 1.618 on the golden section. In the future, this position will serve as the watershed for judging its strength!
AAPLE: Take this buy opportunity for a 186.50 targetApple remains neutral on the 1D technical outlook (RSI = 47.572, MACD = -2.560, ADX = 26.090) despite the Death Cross on the 4H timeframe. The 4H MACD just formed a Bullish Cross and the pattern since the July 19th High already bears many resemblances with last September-November (2022). It seems that the market is at the point after the Double Bottom where the price rose to Fibonacci 0.786 before getting rejected on the LH trendline. This is an short term opportunity to buy and target the new Fibonacci 0.786 (TP = 186.50).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
PYPL | PayPal or MemePal?PayPal Holdings has emerged as a leader in the digital finance landscape, leveraging its consistent growth and strategic initiatives. PYPL has attracted unreasonably high valuation multiples post-pandemic, but the recent crash of around 80% from all-time highs, in combination with its growth outlook, portrays a compelling deep-value play for long-term investors.
This article explores the company's strategic initiatives, development toward market share and competitive edge, the new CEO's impact, the valuation outlook, and a technical assessment, which ultimately supports a strong buy rating for the stock in the next 24 to 36 months.
In today's ever-evolving digital landscape, understanding web traffic dynamics is crucial for any business aiming to stay competitive. PayPal demonstrates a robust trajectory in its web traffic and market presence, positioning itself as a dominant player in the finance sector.
Over the past decade, PayPal's organic traffic has grown steadily, with a Compound Annual Growth Rate (CAGR) of 17.27%, reaching monthly organic traffic of 14.3 million. The sustained growth highlights its strong online visibility and brand recognition.
However, its organic traffic dropped significantly in early 2022 from a level near 18 million per month, a nearly 20% drop from the all-time high due to fierce competition in the industry. Nonetheless, considering recent traffic trends (desktop users) on PayPal.com, the platform's total traffic has surged by 8.05% compared to the previous month, suggesting that PayPal continues to attract and engage a widening user base.
PayPal's web traffic has demonstrated remarkable growth of 9.65% in total visits in the last month, suggesting an expanding user base and heightened online engagement. Correspondingly, unique visitors have risen by 7.91%, reinforcing PayPal's capacity to attract new audiences consistently.
The average user interaction on PayPal's platform is equally remarkable, with users viewing an average of 3.3 pages per visit. This figure, which has increased by 0.78%, suggests that users actively explore the platform's offerings, potentially indicating higher interest and engagement.
Furthermore, the average visit duration is an impressive 5 minutes and 34 seconds, marking a significant 5.03% improvement. This underscores the platform's ability to capture user attention, facilitating extended interactions conducive to achieving business objectives.
Finally, PayPal's diligent efforts are reflected in its bounce rate, which has decreased by 5.38% to 29.47%. A lower bounce rate indicates improved user engagement and content relevance, implying that visitors find the content and offerings on PayPal's platform more aligned with their expectations.
A comparative analysis with a close competitor, Stripe, offers further insights into PayPal's standing. While both platforms have experienced growth in visits (PayPal: 9.65% vs. Stripe: 9.18%) and unique visitors (PayPal: 7.91% vs. Stripe: 5.37%), PayPal maintains a significant lead in both metrics, indicating a stronger market presence. Additionally, PayPal's higher pages per visit (3.3 vs. Stripe's 1.7) further emphasize its ability to capture and retain user attention
Despite a gradual slowdown, the company maintains a substantial user base and has demonstrated a consistent user growth trend in recent quarters. From Q1-22 to Q2-23, active accounts remained relatively stable, ranging from 429 million to 431 million. This includes user and merchant accounts (35 million), contributing to PayPal's versatility as a payment solution for a broad spectrum of users, from individuals to businesses. However, the YoY growth rate has steadily declined, indicating a potential saturation in its market reach. Over this period, YoY growth dropped from 9% to below 1%, signaling the weakness of its strategies to reignite expansion.
Considering the broader industry landscape, PayPal's growth outlook is influenced by the Global Payment Processing Solutions Market's projections. The market is anticipated to experience robust expansion, with an estimated USD 63.48 billion growth between 2022 and 2027. This growth trajectory translates to a CAGR of 12.18%. Despite slowing growth, PayPal's current user base and market share position it favorably to tap into this market growth.
To secure growth, PayPal prioritizes customer retention and engagement within its existing user base to counteract the sluggish YoY growth. This includes enhanced personalized offerings, rewards, and seamless experiences. PayPal also explores untapped markets and demographics geographically and among underserved segments. For instance, if PayPal uses emerging technologies such as blockchain and cryptocurrencies to expand its service portfolio, it may attract tech-savvy users and capitalize on the growing interest in decentralized finance.
PayPal has demonstrated consistent growth in its payment transactions, bolstered by its expanding active account base. Specifically, in Q2-23, PayPal reported processing 6.074 billion payment transactions, representing a 10% YoY increase but with a slower growth rate. A closer look at Transactions per active account (TPA) that reached 54.7 reveals a 12% YoY growth attributable to Braintree's transaction volume, a subsidiary playing a pivotal role in driving the company's transaction growth.
PayPal had nearly 55% market share in 2020, but the fierce competition has taken significant market share away from the fintech conglomerate. However, there are positive signs of stabilization, and PayPal currently holds a market share in the global online payment processing industry, with a commanding position of 40.52% as of July 2023, which stabilized its market share YoY (July 2022: 41%) and indicated PayPal's ability to preserve its market share.
The ongoing transition to electronic payments and increased e-commerce, which the coronavirus epidemic further hastened, had boosted PayPal's growth. Although there are niches in the acquiring market, PayPal is the undisputed e-commerce leader, creating a protective moat.
A few new rivals have emerged due to what appears to be a concentration of fintech innovation in the e-commerce sector, even though growth slowed in 2022 as the company overcame some headwinds. The company could face additional headwinds if the economy worsens.
The ongoing global shift towards e-commerce presents a substantial growth avenue for the entire industry, including PayPal. Therefore, given its platform's relative ease and security, PayPal will continue to be a preferred partner in the online world, yet, the company's market position does not allow it to impose terms on other participants or eat up an ever-increasing market.
PayPal's introduction of a fully backed stablecoin, PayPal USD (PYUSD), has the potential to bring about significant long-term benefits to the company from a fundamental perspective.
This move aligns with the ongoing shift towards digital payments, blockchain technology, and the expanding Web3 ecosystem. By launching a stablecoin that's 100% backed by US dollar deposits, short-term US Treasuries, and similar cash equivalents, PayPal aims to bridge the gap between traditional fiat currency and the emerging world of digital assets.
Firstly, PayPal's stablecoin can enhance its role in the evolving digital payments landscape. As the exclusive stablecoin within the PayPal network, PYUSD offers a seamless method for users to transition between fiat and digital currencies. The combination of PayPal's established payments expertise and blockchain's efficiency can facilitate faster transfers, reducing friction for inexperienced payments, remittances, international transactions, and more. As a result, this will likely strengthen PayPal's appeal to consumers, merchants, and developers seeking convenient, low-cost, secure payment solutions.
Furthermore, by leveraging the Ethereum blockchain and adhering to transparency standards, PayPal USD can tap into the growing Web3 community. This opens doors for integration with external developers, wallets, and web3 applications, boosting adoption and usability. The compatibility with Web3 environments positions PayPal as pivotal in expanding digital assets into mainstream use cases.
Interestingly, PayPal's focus on regulatory compliance and its partnership with Paxos Trust Company, a licensed trust company, bolsters confidence in the stability of PayPal USD. Regularly publishing reserve reports and third-party attestations will enhance transparency, reassuring users about the backing of the stablecoin. Finally, this adherence to transparency and regulation will enhance PayPal's credibility and trustworthiness in the digital finance space.
While the loss of the lucrative eBay relationship significantly impacted margins, the company's focus on cost-cutting and long-term strong growth will eventually drive solid margin expansion in the long run.
PayPal is decreasing expenses as its growth slows to maintain its adjusted operating margins. Therefore, PayPal anticipates its adjusted operating margin to improve by "at least" 100 basis points in 2023.
However, PayPal's net margin of 14.27% places it competitively in the industry, and the improvement is due to its strategy to improve transaction margin dollars. As it is management's long-term focus, net margin may improve considerably, providing a solid foundation for its long-term financial outlook.
On a trailing 12-month basis, PayPal has returned $4.9 billion to stockholders via repurchases (buybacks of 63 million shares), highlighting a focus on enhancing shareholder value. This practice continued in Q2-23, as PayPal repurchased approximately 22 million shares at an average price of $68.89 per share, totaling $1.5 billion. The ongoing trend of buybacks signifies the company's confidence in its growth trajectory.
Since becoming an independent company in July 2015, PayPal has generated approximately $29 billion in free cash flow (FCF). This underscores its financial strength and capacity to fund various growth initiatives. The allocation of $19 billion towards share repurchases and $13 billion for acquisitions and strategic investments underscore its focus on rewarding shareholders and driving strategic expansion.
Over five years, PayPal has consistently reduced its Diluted Weighted Average Shares Outstanding to 1.14 billion. This trend indicates potential benefits in earnings per share for existing shareholders, given a constant or growing net income.
PayPal's focused efforts on new product innovations, efficient A/B testing, and enhanced time-to-market capabilities are driving significant improvements in its operational efficiency and customer experience.
By consistently delivering on its roadmap and investing in platform infrastructure, tools, and AI-driven software development processes, PayPal is establishing a competitive edge. The company's commitment to continuous experimentation, with over 300 experiments launched in the year's first half, leads to incremental customer benefits and drives cumulative improvements in key metrics, including branded checkout growth.
PayPal's expansion into the buy now, pay later space and innovations like pre-approved amounts for consumers contribute to accelerated traction in this sector. The company's efforts in onboarding and introducing new experiences are leading to higher engagement and lifetime value among its customer cohorts.
One of PayPal's strategic initiatives is the rollout of passkeys in the US and Europe, streamlining the checkout log-in experience and enhancing authorization rates. This initiative positions PayPal to maintain and extend its lead over competitors, promoting continued growth.
Moreover, PayPal's focus on differentiated wallet experiences for both PayPal and Venmo users aligns with the company's belief that unique and scaled data sets are essential for leveraging AI's power to drive actionable insights and deliver differentiated value propositions to customers.
Internally, experimenting with an AI-driven PayPal assistant indicates the company's commitment to harnessing AI technology to enhance customer interactions and experiences. By envisioning the integration of this assistant into its consumer app, PayPal is poised to elevate its service offerings further.
In addition, PayPal's growth in the Payment Service Provider (PSP) business (nearly 30% on a currency-neutral basis), strong partnerships with major tech companies, and expansion of value-added services internationally are contributing to the company's robust performance. The rollout of PayPal Complete Payments, a PSP merchant solution, has garnered substantial interest and participation from key channel partners.
PayPal is effectively implementing PayPal Complete payments with various channel partners (Adobe, LightSpeed, Recurly, Shift4, Shopify, Stacks Payments, UltraCare, Wix, and WooCommerce). Notably, over 25 channel partners are slated to go live by 2023. Based on offering a modern and streamlined checkout experience, PayPal enables numerous SMB merchants to access its innovative solutions. Finally, the company's ability to leverage its platform capabilities and AI models is key to its market leadership.
The appointment of Alex Chriss as the new President and CEO of PayPal holds significant support for the company's long-term fundamental growth. Chriss brings extensive experience in technology, product leadership, and a proven track record of driving growth in the small business and self-employed segments. This background aligns well with PayPal's role as a digital payments platform and its focus on serving consumers and merchants.
Under Chriss's leadership, Intuit's (INTU) Small Business and Self-Employed Group experienced substantial growth, with a CAGR of 20% and 23% in customers and revenues, respectively. This success indicates his ability to foster growth engines within business segments and establish market-leading platforms. His leadership overseeing Mailchimp's acquisition demonstrates his ability to expand a company's capacity and customer base.
PayPal's stock is at a pivotal juncture from a technical standpoint. The recent formation of a double bottom around $59.50, marking a six-year low, carries significance. Notably, the pattern was accompanied by a bullish divergence in the Relative Strength Index (RSI), hinting at a possible long-term shift towards a bullish trajectory. In short, the technical setup implies the potential for a vital price reversal.
PYPL, fintech, stablecoin, crypto, stripe, PayPal stock, PYPL stock, PayPal stock price, PayPal stock news, PayPal stock forecast, PayPal stock analysis, PayPal stock performance, PayPal stock market, PayPal stock today, Buy PayPal stock, Sell PayPal stock, PayPal stock quote, PayPal stock symbol, PayPal stock value, PayPal stock chart, PayPal stock trends, PayPal stock investing, PayPal stock outlook, PayPal stock information, PayPal stock predictions.
Looking ahead, a notable resistance level at approximately $76.55 has materialized during the ongoing accumulation phase. A decisive breach above this resistance is pivotal. Once breached, this could trigger a markup phase characterized by robust bullish momentum. The stock may experience rapid appreciation during this phase.
Delving into historical data and projecting forward, there is potential for PayPal's stock price to scale heights and reach an all-time high of over $300 within the next 3-5 years. The bullish momentum highly depends on the company's fundamental progressiveness and the favorable outcomes of its strategic initiatives.
personally I shorting PYPL since it was 255 and here we are at 59$ and despite facing challenges such as shifts in web traffic, competition, and evolving market dynamics, PayPal has showcased resilience and a commitment to growth.