$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 trade ideas
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 - TIME FOR THE BULLS TO TAKE OVERNASDAQ:PYPL
www.tradingview.com
Today is Earnings day and the eyes are on this stock. Paypal retested the demand zone formed by the lows that were created in 2018 before the expansion wave.
At the beginning of the retest the price respected the zone and bounced off it twice, however the price ended up breaching the demand zone in a "manipulating" matter. It is a common pattern I have been noticing in the stock market, where the price will reach the "danger zone" according to uninformed traders and then reverse back above the key support that it broke earlier and then continue to have a shift in the trend on bigger timeframes. There is a possibility that its the case with PayPal.
The stock had a very overhyped bullish trend forming not too long ago in 2021, so the fact that the price got slashed down by 80% can also be an indicator to the idea that the bearish trend might have matured and its time for a reversal.
I highlighted the levels we might face on the way up and currently I am expecting price to reach the inner high formed by the bearish trend at $89 to determine whether the stock is gonna continue to test macro levels or go down to retest the 2018 demand zone.
What y'all think?
PayPal Trade IdeaHi mates, sharing my views for trading on PayPal on daily chart so as we can see there is a resistance i marked at 69.50 levels so despite of getting initial buying signals i would love to wait for a breakout of that resistance on the daily candle above closing basis, a pullback towards support also can happen so sharing that view on provided chart too. Kindly share your views for long or short by comments and give your valuable support if you like something good in it, thanks and best regards.
By the personal experience the hazardous resistance like this can't break on first attempt.
Regards- Amit
$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
PayPal’s biggest rival Apple Pay has been gaining market share at PayPal's expense. In 2022, Apple Pay processed $90 billion in transactions, while PayPal processed $275 billion. This trend is likely to continue in the future, as more and more people adopt Apple devices and use Apple Pay.
PayPal is aware of the threat posed by Apple Pay, and it has been taking steps to counter it. For example, PayPal has partnered with Mastercard to offer a contactless payment solution that works with both Apple Pay and Android Pay. PayPal has also been investing in new technologies, such as blockchain, that could help it compete with Apple Pay in the future.
However, it remains to be seen whether PayPal will be able to successfully defend its market share against Apple Pay. Apple has a significant advantage in terms of brand recognition and customer loyalty, and it is likely to continue to invest heavily in Apple Pay. As a result, Apple Pay is likely to remain a major threat to PayPal for the foreseeable future.
Conclusion: while in short term PYPL can climb back to 100, in longterm it faces big challenges.
Paypal Longpaypal has broken out and held
posible long opportunity
stop if it comes back into structure
PYPL long term opportunityPYPL should provide good long term opportunity on retest of this Trend line. Chart structure looks very similar to META back in December 2022..
Short term bullish in an overall macro downward trend-Short term forecast:
-Descending wedge still in play for Paypal
-Looking for a bounce near the bottom of the channel. Maybe around $60-$61 will be the low target. TP around $70-74
-Long term outlook
Lots of support around $38-40. Accumalate at $56 and $44 as well.
Gap at $140-170 will eventually get filled in the coming years.
There are other small gaps at $84, $75, $55 and $44.
PAYPAL: There are chancesA falling wedge has formed on the chart, which can serve as an impulse for a $100 hike. Let's follow the next steps together.
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$PYPL WEEKLY CHART LOOKS BULLISHSorry for the messy Chart, i'm gonna explain it to you.
We are currently experiencing the weekly candle trying to break out, from the 20 DAY Moving Average (Red Circle).
If that breakout gets confirmed (means the next two days will not sell off under the 20 Day Moving Average, we got a confirmed breakout, which opens a new Gap to 75$.
At the Level of 75$ we will consolidate or dip a little because also the 50 Day Moving Average (The red line which the green arrow points at) will line up perfectly with the resistance level, which means its gonna be a major resistance.
If we breakout from the 75$ Level, even bigger bullish potential - but i will share my chart again if that happens!
Good Luck trading.
PYPL watch out for breakoutwill happen eventually............
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders.
PYPL Major Support ReclaimPYPL has reclaimed a major support zone (66.39 - 67.39) on the daily chart. Watch for a hold here over the next week or so to confirm level is still strong. Wait for price action to confirm a continuation of bullish movement.
Trade Idea: Gap Fill play. With a continuation upward, PYPL is set to fill the gap between 69.60 and 74.97. Be mindful of the support turned resistance level at (71.07 - 71.56) of the range above between (71.07 - 71.56) and (77.84 - 78.77) that PYPL traded in before gapping down. Price may reject at (71.07 - 71.56). Watch to take profits here. If price reclaims the resistance of this range and it once again becomes support, you can play the continuation to the high of the range at (77.84 - 78.77) as well as the completed Gap fill at 74.97.
Targets: 69.65, 71.07, 74.99, 77.84
Stop: 66.46 - If PYPL loses this level and holds below the trade idea is invalidated.
PYPL Target 184A breakout of a falling wedge pattern has occurred.
RSI showing divergence.
Fundamental analysis of the stock looks positive.
Price should test 0.5 fib level.
Target 184
PayPal (PYPL:NASDAQ) Strategic Moves and Potential for RecoveryThe Decline in PayPal's Shares and a Potential Turning Point: Analysing the Past Two Years
Over the past two years, PayPal has experienced a significant decline in its share price, with a drop of nearly 80%. However, there are indications that this downward trend may be approaching its end, potentially setting the stage for a recovery.
PayPal's Strategic Initiatives for Growth: Driving Accounts and Payments Volume
Recognizing the need to reignite growth, PayPal has undertaken several strategic moves to enhance its business. These initiatives are aimed at driving the growth of user accounts and increasing the volume of payments processed through its platform. By implementing these measures, PayPal aims to improve its financial performance and regain investor confidence.
Seizing the Opportunity for Long-Term Investors: Potential Upside as a Result of Anticipated Rally
Given PayPal's current situation, this presents an opportune time for long-term investors to consider acquiring PayPal stock. The company's strategic efforts to fuel growth, combined with the potential for a market rally, could lead to a positive shift in PayPal's stock price. Investors who take advantage of the current situation may position themselves favourably to benefit from a potential future recovery.
Conclusion:
PayPal's recent decline in share price may be nearing its end, offering a glimmer of hope for shareholders. With its focus on strategic initiatives to drive growth in accounts and payments volume, the company is taking proactive steps to improve its performance. This presents an attractive opportunity for long-term investors who recognize the potential for a rally in PayPal's stock price. By considering an investment in PayPal at this opportune time, investors may position themselves to reap the benefits of a potential recovery in the future.
This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
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.
Trade PYPL upcoming ER with 75c expired 08/18The 39 analysts offering 12-month price forecasts for PayPal Holdings Inc have a median target of 86.00, with a high estimate of 160.00 and a low estimate of 58.00. The median estimate represents a +21.76% increase from the last price of 70.63.
Who are its peers? SQ, V, MA, FIS, TOST
