PYPL upward trajectory coming
Not as exciting as crypto but I have a position around $60 range.
Weekly 200ma gap fill around $140-150. bullish divergence with slowly trending down price and probably rising RSI (Can't RSI confirm because I didn't upgrade my tradingview to see more indicators haha). 20ma about to cross the 50ma for reverse death cross or whatever the technical name is.
Stock seems boring but revenue been trending up every quarter, EPS beat last couple quarters and most importantly.. i still use paypal quite a bit especially the fees I pay for international transfers. Minimum $140-150 but if fundamentals continue to improve there's no reason why it can't go back to $270+ ath.
Who knows how this will move short term but if long term more than a year out. It should be an easy 2x.
Will come back in a few years to see if this plays out =)
Weekly 200ma gap fill around $140-150. bullish divergence with slowly trending down price and probably rising RSI (Can't RSI confirm because I didn't upgrade my tradingview to see more indicators haha). 20ma about to cross the 50ma for reverse death cross or whatever the technical name is.
Stock seems boring but revenue been trending up every quarter, EPS beat last couple quarters and most importantly.. i still use paypal quite a bit especially the fees I pay for international transfers. Minimum $140-150 but if fundamentals continue to improve there's no reason why it can't go back to $270+ ath.
Who knows how this will move short term but if long term more than a year out. It should be an easy 2x.
Will come back in a few years to see if this plays out =)
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