$PYPL TOP 20
Added 2023-10-22 20:01:58 +0000 UTC$PYPL has had a bad week, as the Bond yields have just been relentless and in spite of looking extended, they pushed higher during the week and have put every financial stock under pressure, even forcing $JPM to come down to the 200 Day MA......$PYPL is a stock I am holding and one I am considering adding to if the share price goes down further, I believe it is one of those stocks that will likely reverse quite aggressively when the yields come down, so for this reason I am holding.
It must be noted that there is an obvious gap between $45-$46, so if an armageddon moment does happen in the markets over the next week or so, this is a legitimate target.
If this is something you are not comfortable with, you can set a stop loss and possibly re enter into $PYPL when it finds support to catch the upside when it reverses.
