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Trade Alert| $PYPL Insider just Sold Over 45% of Their Stake...
@TechnicalHunter:$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 Source: Image 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. Image 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. Image 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 $PayPal(PYPL)$?
Trade Alert| $PYPL Insider just Sold Over 45% of Their Stake...Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.