TheStockOdin

Why PayPal ( $PYPL) is one of my TOP long call "position trades"

Long
TheStockOdin Updated   
NASDAQ:PYPL   PayPal Holdings, Inc.
Why I like PayPal PYPL

Back to 2017 levels, pretty much "recession proof" (give or take). It's almost God sent being down at these levels (undervalued/fair value). There are some strikes that are def. set up for nicely profitable positions if chosen correctly, common shares as well. Though I hid a lot of my indicators for a simple view, there is def. a divergence between price and RSI on both the Daily & Weekly, as well as the Monthly looking pretty bottomed out. I am pretty big into Harmonic patterns , but am not going to share my "secret sauce", at this current time.

I will continue to add to my position and average down (as planned) into further out strike dates. I as well will MOST LIKELY play the short term trends as well, but my overall goal is to see at least $115.00 with my "position trade" call contracts.

I typically leaves these "ideas" pretty brief on Trading View as I don't really have a BIG following on here

If you have any questions about my "idea" feel free to reach out!

(This is a repost as I had some community violations I was unaware about)
Trade active:
PYPL 07/29 85C

PYPL 01/20 115C
Trade active:
added to positions

still liking this trade 100%
Trade closed: target reached
Comment:
Still holding 01/20 contracts still looking for $95.00
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.