$PYPL
Added 2023-07-10 18:11:12 +0000 UTCThe sleeping giant.
Just so we all know why I've set the buy zone where it is and why I have been accumulating over the last few weeks and I think as far back as the middle of May.
Fundamentally this is as strong as you can get from a company with a market cap of $77 billion and even though its share price has declined substantially from $310 down to $58, revenue increased and they rarely miss on an earnings report.
This is a classic opportunity buy.
Is this completely out of the woods yet? not until this goes above the 200 Day MA which is at $75 right now and declining, where I have our Subwave 5 right at now.
When this is flipped to support, the risk is off and Wave 1 is confirmed.
But I am very happy with my accumulation so far and already up 10%.
Comments
PYPL looks great from a long term returns perspective but from your long term chart this doesn't look like a fast way to make money. Would you prefer $SE or $BABA for some solid returns by mid 2024?
Chris H
2023-07-16 03:42:34 +0000 UTCThanks!
Dusty Eggen
2023-07-11 03:18:34 +0000 UTCNice work π
Gareth Neary
2023-07-10 22:02:34 +0000 UTCThank you for all that you do! Iβm up 4% with a $66 average.
Dusty Eggen
2023-07-10 20:43:04 +0000 UTC
