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EXCAVO
6 nov 2020 21:06

PayPal Report Exceeded Forecasts Due To Growth In Online Sales Lång

PayPal Holdings, Inc.NASDAQ

Beskrivning

Paypal shows a clear uptrend. Formed a bullish flag. If it breaks through the key resistance level, then the next targets are the Fibonacci levels.

PayPal Holdings reported better-than-expected quarterly results due to increased online sales during the coronavirus quarantine, but the current quarter profit forecast disappointed analysts. The company's revenue increased by about 25% to $ 5.46 billion, beating the analyst consensus forecast of $ 5.43 billion.

A storm is brewing in the stock market until January 20. The name of this “weather phenomenon” is the US presidential election. The American economy is the largest in the world, so the world economy indirectly depends on what is happening in the United States.

Best regards EXCAVO
Kommentarer
tarfouss3
i don't think paypal going up since it crap company and started to close everyone's account for nothing ..
kurochig
Looks like a wyckoff distribution so far
InvestEmi
This looks to be stuck in this trading range. Any ideas on short-term catalysts that could push PYPL to new ATHs?
illuminating_trade
it will go up from now on
KlejdiCuni
I totally agree with your analysis. As long as many countries are considering lockdown, paypal could be a great choice many type of transactions.
Thanks for sharing!
InkyGrip
I agree with you thanks! 🦐👌🏻👀
eman1371
it is because of crypto adoption in PayPal
Mer