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Chart Talks: Is PayPal bottoming out after the sell-off?
Event Description
Ended
- $PayPal (PYPL.US)$'s stock plunged more than 12% on the earnings day and continued to move lower as investors worry that PayPal will l Show More
- $PayPal (PYPL.US)$'s stock plunged more than 12% on the earnings day and continued to move lower as investors worry that PayPal will lose market share due to a decline in active accounts.
- From a technical standpoint, PayPal stock is in the midst of a double bottom that formed near $59.50, marking six-year lows.
- The recent downtrend was accompanied by a bullish divergence in the Relative Strength Index (RSI).

Discuss:
1) Do you think $PayPal (PYPL.US)$'s stock price has bottomed out?
2) What's your technical viewpoint on PYPL's charts?

Rewards:
- The top three posts will be given 1,000 points for each, based on the content’s originality/quality/engagement.
- 200 points for every mooer who publish analysis over 15 words.

This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. See this link for more information.
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