PYPL has declined significantly from its peak.
The company has strong fundamentals. The P/E has become far more realistic at 26.
The price has collapsed by over 75 % from its peak.
The price has reached important historical support lines.
Looking at Ffib Retracement if we retrace back to previous resistance there is an upside potential of +65 % on the trade.
There are of course still high risks that the stock suffer more if the overall market conditions remains bearish but the entry point make sense for a long position.
The company has strong fundamentals. The P/E has become far more realistic at 26.
The price has collapsed by over 75 % from its peak.
The price has reached important historical support lines.
Looking at Ffib Retracement if we retrace back to previous resistance there is an upside potential of +65 % on the trade.
There are of course still high risks that the stock suffer more if the overall market conditions remains bearish but the entry point make sense for a long position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.