FREE DOWNLOAD

The 5-minute mental check-in that helps you focus on the right things in trading and start winning more consistently, even if you are terrible at picking stocks!

Is it Time to Sell PYPL Stock Prediction

Listen to Our Podcast In Your Favorite Platform

Hello, everyone! In this video, we’ll dive into an analysis of PayPal’s current performance and discuss what might lie ahead. I’ll share my insights and observations, so let’s jump right into it.

Exploring the Current Market

Before we delve into PayPal’s specific situation, let’s take a quick look at the broader market. Today, PayPal is trading at $59.12, and if we check the market, we can see that several other companies are also facing challenges. Square is down, Shopify is down, and even big players like Microsoft and Tesla are experiencing downward pressure.

PayPal’s Historical Performance

Now, let’s examine PayPal’s performance over the past five years. Back in 2021, the stock reached impressive highs, almost hitting the $300 mark. However, it’s now back down to around $59. This peak was during a time when various factors were contributing to significant market optimism.

Comparing with Competitors

To gain more context, it’s essential to compare PayPal with some of its competitors. Looking at MasterCard and Visa, you can see that these companies have been performing well over the same period. However, when we consider Square (or Block), it’s clear that they, too, have been facing challenges similar to PayPal.

Chart Analysis – PayPal

Now, let’s delve into the chart analysis of PayPal. We can observe some significant support levels on the chart. There was a support zone around $92, almost reaching $100, which the stock broke below. Then, there was another support level around $70, which PayPal also breached.

Bearish Trend and Volume

The concerning aspect here is that the stock is in a bearish trend, forming lower highs and lower lows. Additionally, there’s a notable increase in bearish volume, indicating selling pressure. To potentially identify a reversal, you’ll want to look for a pause or reduction in this selling pressure.

CEO Change

PayPal is also undergoing a CEO change, which can sometimes create uncertainty and adjustment periods within a company. While a new CEO can bring fresh perspectives and ideas, it often takes time for these changes to have a noticeable impact on the company’s performance.

Conclusion

In conclusion, PayPal is currently facing challenges, evident in its stock price and bearish trend. While a new CEO is on the horizon, it’s essential to remember that substantial organizational changes typically take time to manifest in financial results.

As an investor or trader, it’s crucial to stay informed, exercise patience, and carefully monitor the stock’s performance. Consider waiting for signs of a potential reversal, such as reduced selling pressure and sideways price action, before making investment decisions.

Always remember the importance of diversification, and don’t put all your eggs in one basket. PayPal’s struggles highlight the necessity of having a well-balanced portfolio.

Thank you for joining me in this analysis. If you’re looking for more educational resources or have specific questions, be sure to check out our website, tradersfly.com, where you can find courses, freebies, and even book a free one-on-one session. Stay awesome, keep learning, and I look forward to seeing you in the next video. Take care!

In this class we will focus at looking at the technicals, learning about charts, how to check for support resistance, strength of the move, indicators, understanding price movements, ABCD patterns, and more! Ready to take your technical analysis to the next level? ​

In this live class, you will learn the right way to trade single options. You will learn how to choose which single options to buy, how to reduce the theta problem, and how to create a rocket strategy to trading single options.

If you wanted to learn the ins and outs to adjusting options, this session will go in detail about how to adjust your options trades. We will cover different ways to adjust, how to adjust, different methods, pros and cons, and what to do as positions go against you.

Ready to Learn Profitable

Strategies to Trade Stocks?

If you are serious to learn how to trade stocks more profitably, make more money, and trade with confidence...

Then sign up to get our free educational videos!

FREE NEWSLETTER

Get Access to All Secret Files & Libraries for FREE!

To get access to all of my freebies, enter your email below & I will send you a list of all my freebies!

ALL FREEBIES

4575

BUYING OR BUILDING A

TRADING COMPUTER

In this FREE video series we cover exactly what kind of trading computer or workstation you should buy or build. From the number of monitors to the processor and more! 

FREE MINI COURSE

Reaching $1,000,000
in The Stock Market!

Want to see for yourself how long it will take you to reach $1,000,000 based on your personal return? Then download my Excel cheatsheet for FREE to see and play with the numbers!

FREE SPREADSHEET

5 DIFFERENT IRON

CONDOR SETUPS

In this free video, I'll show you 5 powerful iron condor setups & strategies you can use!

FREE VIDEO

FREE 20 MIN CALL WITH SASHA

Want to work with Sasha for 3+ months & learn how to trade options the right way?

DISCOVERY CALL!

To get started, enter your email address and we will send you details on how to book your session!

NEW TO OPTIONS TRADING?

Unlock the World of Trading Options in just 4 Weeks, with our FREE Options Trading

for Beginners Mini Course.

FREE MINI COURSE

HOW TO SELL

OPTION PUTS

Maximize your profits by mastering the art of selling option puts with our free mini course!

FREE MINI COURSE!

How to Trade

Covered Calls

Learn how to make Weekly and Monthly Income by Trading Covered Calls, with our new mini-course!

FREE MINI COURSE!

OPTION TRADING GEEKS CHEATSHEET

Download my options greeks worksheet and I will also send you 6+ other freebies as well!

Enter your email below to get the secret link.

3 POWERFUL OPTION

VERTICAL STRATEGIES

Discover 3 super powerful vertical

strategies & how to set them up!

FREE VIDEO

THINKORSWIM

OPTIONS PLATFORM

Learn to see how I personally use the ThinkorSwim platform to trading options and what are some of the tips and tricks to using this platform efficiently!

VIDEO TRAINING

Top 15 Dividend Stocks for Retirement in 2023

Download our list of the best stocks for retirement. Simply enter your email address below to get the PDF!

HOW TO FIND

HOT STOCKS!

Get the free checklist to help you find

the best stocks to trade, quick & easy!

FREE CHECKLIST

4608

OPTION STRATEGIES

Enter your email address below and get access to our video strategy session on 25+ option strategies and how to set them up!

25