AprilBridges
2022-01-06

$PayPal(PYPL)$ On May 5th of 2020 the 150MA crossed above the 200MA with a ver bullish upside.
Mid September 2021 the lines flattened (before the Pins rumor) and november 9th they started a down trend.
On December 31st 2021, almost a year and a half later, the 150ma and 200ma crossed again, the first one below the other. Thats a very bearish trend.
Fundamentals are still good, but not as good as before, and you have to take into account the Fed's Interest Rate Hikes that are coming this year, and remember that it was not the Fed news what started the fall here.

Sure, PayPal is going nowhere, its a household name, as is Cisco... but their stock hasnt been able after 21 years to go back to the '00 highs.

Beware if you are expecting ATH any time soon. Better just contain losses soon. It can go both ways, sure, but odds are more in favor of further drop than of any 52wk high.

For swing trading and getting some change here and there looks great tho.

Just my 2 cents.
GLTA

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

精彩评论

我们需要你的真知灼见来填补这片空白
发表看法