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Alias Born | 07/30/2012 |
Sunday, March 20, 2022 3:41:55 PM
1. Has flipped the PARSAR bullish on the daily and is about to flip it bullish on the weekly
2. Accum/Distri has begun to climb sideways and upwards on the daily and the weekly after being down since Oct last year
3. MACD is been flipped bullish on the Daily and is about to be flipped bullish on the weekly
This is just a few of the technicals that have turned bullish in the last few weeks, there are several more.
Analysts:
1. MoffettNathanson's Lisa Ellis raised her buy recommendation to $190 this past week
2. Deutsche Bank's Bryan Keane raised his buy recommendation to $200
Why are they Bullish?
Keane met with Paypal's CFO John Rainey this past week, following which he wrote that: "Beyond new product initiatives, PYPL also stands to benefit from expanding into China later in the year (catalyst for [full year 2023]) as well as through increased omni-channel capabilities as it integrates card based solutions and Zettle."
Zettle by PayPal is its point-of-sale solution; its maker was bought by PayPal in 2018.
Ellis wrote that she believes the stock is very attractively priced, and that she "[sees] upside from the strong U.S. eBay growth (27% in 4Q21), a macro recovery in China and other international markets, and the rollout of new services, including [buy now, pay later], crypto investing, and bill payment."
Recent PYPL News
- Block Innovates Bitcoin Mining, DOJ Proposes 3-Year Prison for Changpeng Zhao, and More Crypto News • IH Market News • 04/24/2024 05:50:55 PM
- DMG Blockchain Solutions Announces Collaboration with PayPal to Decarbonize the Bitcoin Blockchain • GlobeNewswire Inc. • 04/24/2024 01:10:00 PM
- AKT Token Skyrockets on Upbit Listing, IBIT Holds Strong in Top 10 ETFs, and More Crypto News • IH Market News • 04/23/2024 04:34:08 PM
- Paramount’s Shares Surge Following Sony and Apollo’s Joint Bid; ISS Backs Berkshire Hathaway Director Re-election, and More • IH Market News • 04/19/2024 11:31:22 AM
- Analysts Sound Alarm on Fourth BTC Halving, Kraken Wallet Launch, and More Crypto News • IH Market News • 04/17/2024 05:45:22 PM
- Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates • IH Market News • 04/05/2024 11:38:57 AM
- Crypto: Bitcoin Cash Surges Post-Halving, PayPal Launches PYUSD International Transfers and More Updates • IH Market News • 04/04/2024 07:15:41 PM
- Xoom Enables PayPal USD as a Funding Option for Cross-Border Money Transfers • PR Newswire (US) • 04/04/2024 01:00:00 PM
- PayPal Plans to Appoint Carmine Di Sibio to Board of Directors • PR Newswire (US) • 03/28/2024 08:15:00 PM
- PayPal Names Aaron J. Webster as Executive Vice President, Chief Enterprise Services Officer • PR Newswire (US) • 03/13/2024 01:15:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 09:27:03 PM
- Tap to Pay on iPhone Now Available for Venmo and PayPal Zettle Businesses in the U.S. • PR Newswire (US) • 03/07/2024 03:00:00 PM
- PayPal Names Amy Bonitatibus as Chief Corporate Affairs and Communications Officer • PR Newswire (US) • 03/06/2024 06:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:26:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:19:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/04/2024 11:15:12 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/02/2024 01:25:04 AM
- Geoff Seeley Joins PayPal as Chief Marketing Officer • PR Newswire (US) • 02/26/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:44:37 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:42:39 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:39:40 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 12:35:44 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/12/2024 09:17:01 PM
- U.S. Stocks May See Further Upside In Early Trading • IH Market News • 02/09/2024 02:09:43 PM
- U.S. Index Futures Edge Higher, Oil Prices Show Modest Movements • IH Market News • 02/09/2024 10:59:51 AM
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM