$PYPL TOP 20
Added 2024-01-26 15:41:30 +0000 UTCWe expected more from the Innovation Day announcement but we got a vast improvement on the product and I spent some time yesterday going through the details and I believe it is certainly a step in the right direction.
They are being active and addressing the concerns of their customers and the cashback element will certainly attract people to this service.
Lessons will be taken by the CEO here
The price action held the 0.78 Fib very well, certainly weakness was shown by losing the 50 and 200 Dma just above the 0.618 Fib but support has been found nonetheless so far.
We want to see $PYPL start to regain these levels again now, back above $61 and back above of the red trend line just slightly above to start with.
For me, the battle ground between $64 - $66 is still a big contest and I would like to see another attempt to break through this level, the first attempt has failed so far.
Comments
Good deal. Thank you, my friend!
Jay
2024-01-26 15:49:26 +0000 UTCYes they have this, I am hoping they shine some more light on this from their earnings report out shortly
Gareth Neary
2024-01-26 15:49:01 +0000 UTCThank you. Am I correct in them having an open Stock Repurchase authorization? Or am I confusing with another company? Now would be a good time for them to be doing this, if not already. I guess we’d hear about it during earnings call as well, assuming they do have one.
Jay
2024-01-26 15:47:21 +0000 UTC
