$PYPL TOP 20
Added 2024-07-27 20:17:11 +0000 UTC$PYPL is a big one for us to start the week on Tuesday morning before the market opens.
We can see on the chart that it found support at the end of June on the $57 blue support line and bounced up to its 50 Day MA and rejected and has come back down again, it has not tested its blue support line again but it is close
Market is not showing bullish behaviour leading up to earnings but after their last report, the price jumped from its 200 Day MA at $61 to $70 immediately after the release.
It goes without saying that we want that to happen here and we think this is undervalued but it has been consolidating sideways since November '23.....It needs something to break this movement, hopefully management can come up with something to prove $PYPLs worth to the market.
