paypal possible longPaypal is one of the stock that have been under pressure lately.
Possible 1w bull div .Still nearly 1 hour to close.
PYPL trade ideas
$PYPL can it bounce back?If you look at the earnings and balance sheet it all looks pretty good!
Here's my bull-case.
- Cash looks very healthy $5B+
- Debt not concerned
- $1B net income in Q2
- Virtually never miss on earnings.
- They've reduced common shares
- Chart looks primed to bounce back (might not be immediate)
When was the last time this company missed their earnings?
PayPal : A value buy and the reward is worth the riskTechnicals :
From a pattern perspective, from April 2022 onwards, each time a major low was created, there was some sort of descending channel formation. Now it is a case of pattern inside a pattern and we can see the same formation even inside the internal pattern.
I did take two entries at two major inflection points and the market rallied after both of them. But I didn't book any profits since I'm in it for the long game. Now the price is coming back to create a third inflection point.
So I'll be taking a third and final entry in this levels expecting a high probability for a rally to at least the start of the larger descending channel, which is a move of about 60% from the current levels. The total allocation after this entry will sum up to 2.5% of my portfolio.
But I also do consider the possibility for the price to not hold on to this level and crash further along with the broader market. If that happens 45 to 47 USD will be a level, which I'll consider adding on, depending upon the fundamentals and technicals at that time. There is a gap to be filled at those levels.
Fundamentals :
Pros :
- Revenue and profitability is increasing.
- There is good enough cash flow.
- A large user base who trust the company with their services.
- PayPal owns Venmo which is very popular among youngsters and the brand has become a verb.
- Elon Musk has this idea to make x.com an all in one app and integrate payment services in it. So there is a possibility that in future Elon might even considering taking over PayPal since he also has a history with the company.
Cons :
- Highly competitive sector since major giants also offer payment services like Apple Pay, G Pay, Amazon Pay, Shopify Pay etc.
- Effective September 27, 2023, senior Intuit executive Alex Chriss will become PayPal’s president and CEO, replacing current CEO Dan Schulman. Need to see how the new management is going to run the company and what major changes will be implemented from here on.
Closing Statement :
I believe that all the cons mentioned herewith are already factored in to the current valuation and hence at current levels PayPal is a value buy. I will update when I make any changes in my positions, underneath this post.
PayPal Long?PYPL has been a slow grinder lower. Each time it gains momentum it somehows manages to lose it.
The only positive thing about this chart is the long divergence that is occurring between price & RSI.
When will this divergence bear fruit? Anyone's guess but you do have it on the daily, Weekly & Monthly time frame.
$PYPL PayPal Double BottomThe main reason why I like NASDAQ:PYPL PayPal it has a Double Bottom another one of the reasons why I am starting a small starter position is because Jim Cramer hates the stock.
1. Business Model:
PayPal is a leading digital payment platform that offers a range of online financial services, enabling individuals and businesses to make payments, transfer money, and conduct transactions electronically. It serves as a bridge between buyers and sellers in the digital marketplace.
2. Revenue Streams:
PayPal generates revenue primarily through transaction fees charged to merchants for processing payments, as well as fees for certain value-added services. These services include PayPal Business Solutions, Venmo (a peer-to-peer payment platform), and Xoom (a digital money transfer service).
3. User Base and Market Reach:
PayPal boasts a vast user base, with its services available in more than 200 countries and supporting multiple currencies. The platform is widely used by consumers, businesses, and merchants for various online financial transactions.
4. Acquisitions and Diversification:
PayPal has strategically acquired several companies to diversify its offerings and expand its market presence. Notable acquisitions include Venmo (a social payments platform), Braintree (a payment gateway), Xoom (a digital money transfer service), and Honey (a browser extension that helps users find discounts and deals).
5. Strong Partnerships:
PayPal has formed strategic partnerships with major e-commerce platforms, payment processors, and financial institutions. These collaborations enhance the reach and convenience of its services, as well as drive transaction volume.
6. Mobile-Centric Approach:
Recognizing the increasing reliance on mobile devices, PayPal has invested in creating user-friendly mobile applications for seamless mobile payments and money transfers. Its subsidiary, Venmo, has become especially popular among younger users for peer-to-peer payments.
7. Financial Performance:
PayPal's financial performance has shown consistent growth over the years. The company's revenue and net income have been steadily increasing, driven by the growing adoption of online and mobile payments, as well as expansion into new markets and services.
8. Innovation and Technology:
PayPal remains at the forefront of financial technology innovation. The company has explored blockchain technology and cryptocurrencies, allowing users to buy, hold, and sell select cryptocurrencies through their PayPal accounts.
9. Regulatory and Compliance Considerations:
Operating in the financial services industry, PayPal is subject to various regulatory and compliance requirements. Adhering to these standards is essential for maintaining trust and securing user data.
10. Competitive Landscape:
The digital payment industry is highly competitive, with players like Square, Stripe, and traditional financial institutions vying for market share. PayPal's ability to innovate, adapt to changing trends, and offer seamless user experiences contributes to its competitive advantage.
In summary, PayPal is a pivotal player in the digital payments landscape, offering a wide range of services that facilitate online transactions and money transfers. Its user base, partnerships, technological innovation, and strategic acquisitions have propelled its growth and solidified its position in the industry. However, like any company, PayPal faces challenges related to competition, regulatory changes, and cybersecurity. Staying ahead of these challenges through continuous innovation and customer-focused services will be crucial to its sustained success.
$PYPL clear break-away gapNASDAQ:PYPL Elliott Wave Analysis
We clearly have a break-away gap that is pinpointing to wave 3 of 3.
So that gap is in fact middle of the impulse wave down.
We have completed wave 4 in my opinion and now we are in wave 5.
Once wave 5 is done expect for an abc correction up.
What do you think? Are you a buyer or a seller here?
Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
💥 $PYPL Drop: What Every Trader Needs to Do NEXT!Analysis:
As Macro PVVM and Micro PVVM decline, the close price of NASDAQ:PYPL also drops from 73.43 to 59.47. This decline corresponds to the bearish momentum shown by both metrics.
The sharpest price drop occurs between 2023-08-02 and 2023-08-03, where the close price goes from 73.2 to 64.18, corresponding to a significant drop in both Macro and Micro PVVM values.
The sharp decline and move into negative territory signals a strong bearish movement. The last value is considerably negative, indicating a strong downward pressure.
Critical Points for Traders:
Yesterday, NASDAQ:PYPL reaches an oversold position in the Micro PVVM, which can signal a potential bounce back or reversal in the short term.
Traders should watch the Macro PVVM as well. If it crosses below 0, it could be a confirmation of a bearish long-term trend.
Proposed Trade Strategy:
Short-Term Traders: Given the strong bearish momentum in the Micro PVVM, traders might have already taken a short position. However, as it's reaching an extreme oversold condition, traders should be prepared to take profits as a bounce back or a reversal is possible.
Price Prediction for the Next 7 Bars:
Depending on the strength of the rebound, the price may stabilize or continue its decline if no significant bullish momentum is observed.
In numerical terms, we might expect the close price to move in a range between 55 to 65 until EOW (end of week), with potential spikes depending on the market sentiment.
$PYPL - Can we bounce?NASDAQ:PYPL has dropped 22% from its recent high, wiping out all of its gains since June.
If you are one of those who are saying "I missed the boat," well now is your chance. 😂
The current price level of $59 needs to hold, or else we will see a further breakdown. There are no strong support levels below. We could even see the price check back to the lower trend line somewhere around $52-51.
There is also a gap around $45.
Here are the support levels that I am watching for a potential reversal:
$59.64 (current support)
$51-52
$46
$45 (the worst case)
I will post an updated chart once I see the reversal.
Good luck bulls. We need it. Let's pray that it bounces tomorrow and never looks back.
Like and follow me for more charts.
HOOD vs PYPL, almost identical chartsLooking at all the indicators Set Up for both charts, although they are at different price points they're almost all in Sinc so you'd think they're the same chart but PayPal is a little bit more advanced. I'm thinking there could be a double play here if PayPal moves first and then you can flip the gains into Hood shortly afterwards. Need to keep a close eye on both as they're still both pretty bearish but looking like they could bounce after a brief consolidation period. Looking for an entry point.
PYPL | Buy the Fear!!! | LONGPayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. The company provides payment solutions under the PayPal, PayPal Credit, Braintree, Venmo, Xoom, PayPal Zettle, Hyperwallet, PayPal Honey, and Paidy names. Its payments platform allows consumers to send and receive payments in approximately 200 markets and in approximately 150 currencies, withdraw funds to their bank accounts in 56 currencies, and hold balances in their PayPal accounts in 25 currencies. The company was founded in 1998 and is headquartered in San Jose, California.
PAYPAL ALL TIME HIGH!! - PYPLI have observed similar chart patterns on numerous occasions (please refer to the comment section for an analysis of the Psychology of a Market Cycle).
The stock experienced a notable decline following the Q2 earnings. At present prices, there is a possibility of witnessing a rebound and potential gap fill. However, this might be followed by another downward movement, potentially testing or even breaching the 52-week low, before subsequently regaining momentum.
Considering PayPal's Stablecoin Strategy, along with their earnings growth and the anticipated $5 billion in total share repurchases during the second half of 2023.
The question is whether or not you have the patience to stick it out until then.
📊 PayPal Moving To 85, 115, 170 (Up To 222 Long-Term)In May 2023, PayPal Holdings, Inc. (PYPL) hit its lowest level since August 2017, this is coming off a peak hit February 2021.
We have a 2 years long bear market and a 5.8 year long low.
PayPal is now moving within a consolidation pattern and will soon enter a new bullish trend.
PYPL Long-Term Targets
I started writing this just to share some targets.
PayPal will easily hit 70 in the coming weeks.
Within this year it is likely we will see 85 and up to 115 or 120.
Long-term PYPL can continue growing and hit 139, 170 and even 222. This will take a while to develop but we are likely looking at bottom prices.
The consolidation phase has been going for more than a year and volume started to rise as soon as the accumulation zone was activated.
Let the whales load up, as soon as this happens we get long-term growth.
Invalidation comes below the May 2023 low.
Namaste.
Paypal - Going Long In a Bear Market?Paypal is an antiquated business model. The problem is, the Federal Reserve just launched FedNow, which is like a bank-to-bank Central Bank Digital Currency.
Most CBDCs will come in the future, and they will target retail/consumers, and Paypal will no longer be useful for transferring money.
In Canada, where I am, Paypal is already primarily worthless, because the company that handles debit card payments, Interac, set up, many, many years ago, a service that allows us to send money to each other from our banks via email.
Both people and businesses use it extensively. It's fast, easy, instant, and free, so why bother with Paypal?
CBDCs are a problem for humanity, because they are the collar, leash, and chains that enable Party West's implementation of their favourite role model, the Chinese Communist Party, who deployed full scale social credit under the guise of "Zero COVID."
The CCP and its 24-year persecution against the Falun Dafa spiritual believers launched by former Chairman Jiang Zemin on July 20, 1999, are something absolutely essential for mankind to reject, oppose, and eliminate.
They aren't things for you to rack your brains thinking about importing so that stimmies can be collected from a central authority.
If you want a future, we need to return to mankind's traditions, human, divinely imparted tradition and culture, and dispose of the garbage that is Marxism, atheism, the Theory of Evolution, and the doctrine of struggle.
The fact that Paypal is being replaced by CBDCs is awful evident on monthly candles, which give you absolutely no reason to believe there's going to be any kind of Meta/Tesla/NVDIA-style reversal of fortune.
But what's really notable about this stock, which I have criticized extensively on Twitter as not being a long, is the weekly bars, since April, actually indicate a long trade scalp is set up.
That scalp setup has not been present for even one second, until today's post market earnings dump back to $68.
The thesis is simple.
Since Paypal has filled ALL of the gap, and over a long period of time, it indicates for lower prices to come, some objectives over previous highs are most likely in order.
The most premium level for this to occur would be the January high at $88.
But a failure swing somewhere over $84 would also be a heck of a trade.
Where to long? Tomorrow's dump may be too early. The most perfect would be $65, under the flat bottom lows. But you may or may not get it.
The problem is, how long does it take Paypal to mark up into the $80s?
We don't have that much time to play with the JPM collar being long 4,200 SPX puts expiring September 29.
And the markets are looking like they intend perhaps one more upswing before doom, which I cover here:
SPX - The Sound of a Shattering Iceberg
In any event, markets correcting violently and VIX pushing highs hard may put a painful and abrupt end to rallies across all classes.
But it seems we may have a rally ahead.
And with all the factors combining, buying Paypal between Thursday and Friday in a price range between $68 and $65 is a trade.
If it doesn't go up, then the trade isn't confirmed. But you might have to wait at least a month to see if that comes true.
What you don't want to and can't see is the $58 low taken out.
When Paypal is done taking out short sellers who didn't take profit at $58 and want to ride to zero, I believe the next target is the $45 level.
And then this thing goes the way of Bed Bath and Beyond and Blockbuster.
Be careful. What lies ahead in the remainder of 2023 will be hard to navigate.
And 2024 might be an entirely unpleasant experience for all.
PYPL Short, looking for advisePYPL has crashed downwards and the downtrend continues. After a massive descending triangle, price is now coming back to retest the resistance and forming a bear flag. I am looking to short the break of this bear flag, perhaps combined with a double top on the resistance if possible.
But shorting is very risky, I can think of doing it with:
Naked Short Call (Unlimited Loss and loss will spike with IV)
Long Put (Safe, but the premium paid weighs down profits)
Regular Short (using margin, if I am not wrong, risky and interest will be accrued the longer the position is open)
Short Call Spread (Same as Long Put?? Not sure on this)
Please give me advise on how I can safely short with better risk management.
