I've never seen so many delusional bulls that think a stock is heading higher.
Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded.
PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point this year, likely towards the second half of it).
Good luck to the bulls, you'll need it.
Even on positive earnings, the stock fades. Even if it manages to finally break higher in May to the upper resistance at $82, the move will be faded.
PYPL doesn't look like a good stock to own until it hits the lower support levels between $37-$41 (which we will see at some point this year, likely towards the second half of it).
Good luck to the bulls, you'll need it.
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