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Non-Tech : Kirk's Market Thoughts
COHR 128.77-2.5%Nov 4 3:59 PM EST

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To: Augustus Gloop who wrote (21786)12/15/2024 2:18:06 PM
From: sixty2nds2 Recommendations  Read Replies (2) of 26408
 
Hello AG,

I've been watching PYPL since 2022.
What a waterfall.

I started building a 2X Position in September.
It is built.

The new CEO has rebuilt management.
The focus is on organic growth.
It seems to be working.
The buyback program was upped 20% to $6B

The monthly chart is a rock star.

On the weekly...
I have PYPL chewing through some mid year 2022 resistance in the 90's
Then there is a bit more to chew through +/-$120

After that there is a lot of Blue Sky.

My best guess is the tough sledding is done.

I agree with your downside risk area of $83.

Cheers,
60
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