$PYPL - MAJOR GAP at 45Bearish Downtrend Channel intact with a a major gap at 45. Stock's MACD is flipping red and the squeeze inverting negative as mentioned in prior post
PYPL
PAYPAL - Long Term Accumulation WindowPaypal - NASDAQ:PYPL
Below I cover the Chart and some interesting fundamental news on what Paypal is upto.....
CHART
Everyone should have expected significant resistance at the $74.66 price level due to a confluence of the following at that level;
1. 200 Day SMA
2. Point of Control (POC)
3. Falling Wedge Diagonal overhead resistance
(SEE CHART FOR OUTLINE)
Further downside in the short term would not surprise me, however the long term positive divergence presents a long term opportunity.
How am I playing this?
I have a long term small position that is 15% in the negative at present, its thee one negative position I hold. Similar to NIO (which was at a small loss for weeks on end, I continued to average in on a positive divergence), I will average now to PYPL with a 2nd purchase and if we drop down to the RSI resistance line I will average in again with a 3rd purchase.
Ideally traders, would want a break out above the point of confluence on the chart and to find support above or on $74.66. I would not be day or week trading from current levels. I intend to hold for months, potentially years, similar to my NIO play.
If we lost the bottom of the falling wedge I would cut my losses at this point.
This is a High Risk / High Reward trade. The NIO trade has rendered me a significant 50% unrealized profit over the past few weeks. It could take months for me to see a similar return here on Paypal, and I'm ok with that. Timeframe expectation is long term.
What's PayPal Upto?
Interestingly Paypal announced a major deal with KKR in June 2023 whereby KKR agreed to purchase up to €40 billion of eligible current and future PayPal Pay Later loans that originated in Europe.
PayPal has become an industry leader with its PayPal Pay Later products, issuing more than 200 million loans to over 30 million customers in eight markets around the world since 2020.
PayPal expects to allocate approximately $1 billion to incremental share repurchases this year and updated the outlook from approximately $4 billion to approximately $5 billion in total share repurchases in 2023.
Paypals close association with KKR is notable. KKR - Kohlberg Kravis Roberts & Co. are an major American global investment company who have secured the two largest company buy outs in history RJR Nabisco & TXU. Paypal have huge ambitions and the buck to back them from the KKR.
The deal and association with KKR is yet another reason to keep a long term headset on for this trade/investment.
PUKA
$PYPL - Heading Lower with Downtrend ChannelPYPL chart is heading lower with a the MACD flipping red and the squeeze indicator rolling down and inverting the squeeze. As it intensifies, the price stock will continue to be under pressure.
PYPL re entry August 3rd 2023Spy needs to retrace but for me I have re entered PYPL here. I will explain the trades today or probably on friday. BUT I AM LONG NOW IN PYPL
Falling Wedge for Reversal | $110Weekly Chart
PAYPAL NASDAQ:PYPL is in the Falling Wedge and can break in this month. Just follow it
We have good signals
- Divergence RSI
- Failling Wedge
So wait and see next move
PayPal suppressed by the 1.618 of golden sectionPayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section
This chart shows the weekly level candle chart of PayPal stocks in the past six months. The graph overlays the recent bottom-up golden section. As shown in the figure, the high point of PayPal stock in the past three weeks has been suppressed by the 1.618 level of the golden section in the figure. In the future, it is likely to retreat downwards! The strong support level for PayPal's stock is at the starting point of the big positive line in July 2023!
PYPL PayPal Holdings Options Ahead of EarningsIf you haven`t sold when ARK did:
or when the CFO left for WMT:
or reentered this dip:
Then analyzing the options chain and the chart patterns of CAT Caterpillar prior to the earnings report this week,
I would consider purchasing the 73usd strike price at the money Calls with
an expiration date of 2023-8-25,
for a premium of approximately $4.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
$PYPL - Great Buying opportunityPaypal has retraced 75% from its all time highs.
Appears to have recently reversed and awaiting confirmation.
If so, I am expecting PYPL to reach $95 initially but keeping a watchful eye on the $124-125 area for a large gap up for a move to $140+.
Options Idea: $100 strike expiry 15th September 2023 currently $40 per contract. 10% SL.
PayPal is starting to recoverHi, according to my analysis of Paypal shares. There is a good buying opportunity. The stock appears. In a positive condition with the stock exiting the descending channel. And breaking the strong resistance at level 68. Which indicates a strong entry of buyers. Good luck to all
How To Make Money playing lagger Bull Stocks- XBI IWM ARKK FXI these sectors may play lagger bull catch up soon if market continues to run
- PYPL BABA and other growth stock names may as well.
PAYPAL HOLDINGS: A SRIRACHA SHORTAGEThis publication is a simple example of the Well-known Sriracha chart pattern.
Technical pictures in PayPal Holdings NASDAQ:PYPL indicates a strong support of major trendline.
PayPal is to Double the price 70->140 by this way .
PYPL Testing Upper Wedge LinePaypal is testing the upper line of a falling wedge pattern while recently crossing above all short and long moving averages(8,21,34,50,100) with the 200sma as the last MA to be tested. The short MAs are all rising and have crossed above the 50ma indicating a short-term bullish trend in price.
The PPO indicator show the green RSI line rising, and above a rising purple signal line which indicates short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish momentum.
The TDI indicator shows the green RSI line above 60 and rising which indicates a bullish trend in price, as does the RSI line trending in the upper half of the Bollinger Bands. Going forward we want to see the RSI line trend between the 40-60 levels as an indication of intermediate to long-term bullish trend.
My buy price was $70.63
Stop-Loss(SL) is at $65.26.
No upper target for now as the falling wedge pattern is a sloppy one with the dip in the middle not touching the lower trend line. Will continue to move my stop-loss up as/if price continues to move higher. In general I tend to move my stop-loss orders up as price continues to make higher highs and higher lows. On each new push to a higher high, stop-loss is moved up to the most recent higher low.
PYPL how to play a possible reversal?This idea is based on Wyckoff's method. The Point & Figure count serves as a tool to determine target objectives based on the accumulation count in the base.
All other info is on the chart.
Good luck
NQdecipher
$PYPL - Brewing for further upside ☕NASDAQ:PYPL displaying relative strength with price advancing 6% since my previous analysis (considering the stock's historically low valuations and the expected clarity on their leadership outlook later this year). It remains one of my favorable long-term trades despite debatable growth outlook. With selling pressure gradually diminishing and I expect a gap fill above $69.68 within my designated timeframe for my positions.
SOFI in consolidation so can it continue bullishSOFI on the 2H chart is showing a massive bullish move of 30% in ten days. Most of the trading
volume was near to the present price and indicated by the POC line on the volume profile.
Price has not moved since most of the trades as there is now a consolidation phase more or less
in the style of the high tight bull flag pattern. The three pat indicator of RSI, momentum and
money flow index is red for momentum which went over 60 and then 80 and otherwise green.
Overall, the indicator is a bullish bias. The volume indicator interestingly shows most of the
the massive increase in volume is at the consolidation phase. This makes sense to me because in
a nearly parabolic up move without a pullback it is hard to find a decent entry. Many traders
including those based in large institutions will simply wait until a consolidation phase begins.
The price is in the upper VWAP bands showing buyer has successfully pushed against the
well-entrenched short sellers. The rise in price could force short sellers to buy to cover and
close. In doing so they would actually help entrench bullish momentum. I believe I will join
others in a long trade awaiting the next leg up. My stop loss is the mean VWAP +1 std dev while
the target will be mean VWAP +3 std dev. Fundamentally, I believe that the financial sector
including the fintech subsector are getting hot as technology is overextended.
Paypal $PYPL Long#Paypal NASDAQ:PYPL
📈Chart Pattern: Falling wedge
🫵Perspective: Long
💔Stop loss: Breaking $ 57
NASDAQ:PYPL SKILLING:NASDAQ AMEX:SPY
Continued downside for PYPLPYPL has significantly weakened after breaking consolidation to the downside starting May 8, 2023.
Looking at the weekly chart, the most obvious downside targets I am seeing is $57.0 FVG under the Weekly SSL line and $47.4 FVG with $44.5 Weekly +OB as a draw on liquidity.
Once price reaches $44.5, I anticipate price consolidation in the form of accumulation by institutional players at a steep historical discount before any meaningful move higher.
Is Paypal a Memestock?Mounting debt may be an issue, but there's no way NASDAQ:PYPL should look like this from a chart perspective.
While NASDAQ:NVDA became the 6th largest company in the world today, Paypal used to be a $400+ billion dollar enterprise, but it looks like junk now.
What gives? The company still throws off more than $30b in revenue a year, pricing it at only 2.5x sales???
A lot of worry has been put into NASDAQ:AAPL launching their new payments platform, but no actual product has hit the market yet. Until then, PayPal is still for sure the global leader and an undervalued player relative to its peers.
Maybe NASDAQ:EBAY will buy them back?
$PYPL 3 day rule Update A Daily close or even a weekly close below 61.31 stop out and wait for bullish set up.
$pypl after earning 3 day rule The 3-day rule is a trading strategy that suggests waiting three days after a company releases its earnings report before buying or selling the stock. The idea is that the stock price will have had time to adjust to the news by then, and you will be less likely to make a rash decision based on emotions.
There are a few reasons why it's a good idea to wait three days after earnings before making a trade. First, the market is often volatile in the days leading up to and after earnings. This is because investors are trying to anticipate the company's results and how they will affect the stock price. As a result, the stock price can be very unpredictable during this time.
PYPL tripple bottomPYPL has made technically a complete tripple bottom chart pattern
this might be a reversal sign
entry at current price with small positions might be a good idea
Do you buy Paypal after earnings $PYPL Do you buy Paypal after earnings NASDAQ:PYPL double bottom or do you wait for the 3 day rule.
PayPal to find buyers at yearly lows?PayPal - 30d expiry - We look to Buy at 69.11 (stop at 65.31)
Levels below 69 continue to attract buyers. 67.58 has been pivotal.
66.39 has been pivotal.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look to buy dips.
This stock has seen good sales growth.
Our profit targets will be 78.51 and 80.51
Resistance: 75.30 / 77.80 / 79.30
Support: 73.00 / 71.09 / 69.00
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