Technically, this stock, $PayPal(PYPL)$ PYPL is now way oversold and in my opinion, has reached a near term bottom and should be primed for a nice reversal back to the upside. The Omicron variant and its potential impact should actually assist PYPL in terms of increasing on-line payment transactions and hence increased financial revenues for PYPL going forward into the next quarter.

This stock is primed for a nice reversal back to the significant upside after plummeting from the mid-$200's. A nice strong reversal back to the $200's is on the way. Average analyst target price for PYPL amongst the 40 analysts covering Paypal is $276, suggesting more than 50%-60% upside for PYPL stock. Long term, this is a great price to start to build up a nice position or load up more if you can.