PayPal. FOMO or how to buy for midterm.Hey friends!
Asset now in the super classic range.
The main driver of growth is the fear of a missed opportunity. "Well, look, the double bottom pattern" you probably could mention. Such thoughts will move the bullish players. But what if we just talk about the growth prospects of PYPL. Big money needs three factors:
1. potential.
2. availability of "fuel" or "energy".
3. fundamental growth prospects.
The probability of the presence these factors closer to autumn is much higher than right now or in July, August. S&P renew the highs. Someone is encouraged that the rates will not be raised, but is this true? The highest inflation in the history of the United States, the highest debt. These are the drivers that can push the index down more than 1000 points in one moment. The growth potential if to buy right now is not attractive for midterm purchases. Most big players off the market. For me best zone to buy is 210-220$ per share.
PYPL
PYPL to 270?PYPL is looking good. Today it bounced off of support despite gapping down. It was brought to my attention after seeing many large call option blocks come in ahead of earnings. If we get a bounce tomorrow, there may be a lot of money in store. It's near the bottom of its range of the flag, so now is a great entry point. In the most bullish case, I could see it hitting that 278 resistance at the most.
However, in the bear case, we could see more downside to around 255 support. We also opened below the 20 SMA today and got rejected hard by it. Indices are also not looking great recently.
What do you think?
PYPL : BLUE SKY / SWING TRADEDigital Payments remain a strong area of growth, riding on pandemic tailwinds encouraging a move towards a cashless society.
Despite strong pressure from other third-party payment providers, PYPL has the competitive ammunition needed to thrive, driven by its two-sided merchant and consumer network.
Nonetheless, there are some headwinds that investors should look out for which may limit the potential of PYPL moving into 2021.
Current valuations on FY19 numbers reflect a neutral outlook, but the possibility of rejuvenated revenue streams from crypto and pandemic tailwinds can serve to revise estimates upwards.
SOURCE : PayPal: A Protagonist In A Digitalizing World, 10 Jan 2021, BK Tan, SeekingAlpha
seekingalpha.com
$PYPL triangle looks sketchyAt this moment it looks like that $PYPL is forming a triangle, but not sure if it's a triangle in wave 4 or a triangle in wave B - the structures aren't very clear to me, Fibo doesn't seem to quite fit, looks kinda sketchy to me (more like a triangle in B). A nice trading opportunity could present itself in the case of a break to the downside.
Tech Stocks & General Market Weekly BreakdownHey guys, in this video we're gonna break down the bigger timeframe where I'm going to skim through a lot of tech stocks on my S&P500 ticker list.
Going through:
AMZN
ABNB
ADBE
ARKK
BABA
FB
FVRR
DASH
GOOGL
LMND
NFLX
MSFT
PYPL
PLTR
UBER
LYFT
among others. You can let me know what you're watching or post your questions underneath.
PYPL good buy pointThe blue trend line represents a covid-free bear trend that would result in PYPL being around the $220 level.
This pandemic has shown us that online shopping is here to stay, and PayPal's stronghold on the industry will allow for much more growth 5-10 years.
This being said, my chart represents my prediction that we will not be going back to normal any time soon, so I have a 4-6 month outlook on this.
The $220 level will prove to be heavy support should it drop there (I don't think it will).
I believe that PYPL has a good chance to make a run for $300, and if it cannot break resistance then you would be looking at a nice 10-20% return (buy positions...much more with options).
Can also prove to be a good swing play, by hedging covid news. This stock will skyrocket with closures, and your other positions will spike with reopening news! Win win!
Like if you agree, gimme a follow if you wanna see more of my work!
#PYPL - 16% increase in the coming time#PYPL - 16% increase in the coming time
PayPal Holdings, Inc.
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PAYPAL HOLDINGS, INC. revenues grew 20.72 % in FY 2020 as compared to FY 2019 to 21.45B. Net income grew 70.88 % to 4.20B.
PAYPAL HOLDINGS, INC.'s debt/asset ratio in FY 2020 grew 30.97 % as compared to FY 2019.
Return on Equity %22.8
Overall very good financial statements.
On the chart we also see very clearly, the trend is up very well, the price is correcting to the Daily support, which we can buy well.
If we want to be safe, we can wait for a reversal of H4, and wait to buy when the price actually has a reversal trend of H4. That is the wonderful thing.
Many hedge funds have held PYPL, and they are looking forward to it in the future.
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PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform. It operates a two-sided global technology platform that links its customers, both merchants and consumers, around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. It allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom.