Trade Alert| $PYPL Insider just Sold Over 45% of Their Stake...
$PayPal(PYPL)$ Chief Strategy Officer Jonathan Auerbach dumped nearly half his $PayPal(PYPL)$ shares for a total value of $3.6 million on 22 November 2023.
On that day, $PayPal(PYPL)$ rose 1.7%, and it’s shares hit a 6.5-year low on 21.Oct. 2023
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How traders comments on current $PayPal(PYPL)$
Some points from Swing trader@Urkel: Some recent data shows there seems some dip buyers out there, but technically it still in a downtrend, needs to claim $57-59 first, then break trend, for me to have interest. Not yet.
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Cited from Macro Economist @Micro2Macr0, When in doubt zoom out, is a saying, for a reason. $PayPal(PYPL)$stock has been dropping for 3 years. 2 of which has had bullish divergence forming on the RSI (2), and also 4 months of bullish divergence on the MACD (3), of which the trend line (4) has flipped bullish too, in the last few months, for the first time in OVER 2 years. This is what you want for a setup. $100 in the next year should be pretty easy. Maybe well beyond.
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Earnings and targets price: On early November, $PayPal(PYPL)$ reported september-quarter earnings that topped consensus estimates while revenue edged by views. Based on 33 Wall Street analysts offering 12-month price targets for $PayPal(PYPL)$ Holdings in the last 3 months. The average price target is $84.17
Will you follow to sell $PayPal(PYPL)$?
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I think PYPL is undervalued on many fronts. Not sure when the underlying fundamentals will kick in and be realized so I think I am going to sell the January 2025 55 put for $7.20 and buy the January 55 call for $11.10.
I have made my stop loss $56.25 and will be selling all my position and hoping to get back in at $44.00 even.👀
Yes, I will. the company cant catch a break. im guessing the algos wont let it cross this 57–59 resistance until they announce job cuts
This is unlikely, I have no doubt about $100.
any news we don't know？ this is ridiculous
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