Thursday, March 4, 2021 5:51 PM EDT
Shares of Paypal Holdings (PYPL) have crashed in the last two weeks, falling from over $300 to a low today of $232.27. This sharp drop in price gets investors asking, what is the Paypal stock chart analysis and where do we buy? The answer is $225.00-222.00. There is major technical chart support in this range and Paypal should see a significant bounce. Expect a bounce back above $250.00 at a minimum.
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OF COURSE!! Emotion driven actions frequently are regretted a bit later, and the temporary euphoria will lapse as the chemicals are displaced. And what goes up must eventually come back down, (except for the national debt and CEO's pay.)
Surrounding those mountains are always the plains, and so unless there is a actual increase in real value, all gains are eventually "corrected."