Dude here do not seriously people still buy PYPL or? Since 240$ is already said here that has been too strongly punished! And how shitty was the purchase since then? Yes.

Fundamentally PYPL is still expensive, but you can think what you want about the fundamentals for all I care and be bullish for the long term for all I care. But just because you are, doesn't mean it makes sense to get in now. In such a downtrend, you simply don't buy in. You buy in a trend reversal. The voices on PYPL are the same that bought BABA at $220. Yes, even then it was already fundamentally great, but your purchase still sucked.

Here it should be about the chart of PYPL and why PYPL probably still has not found a bottom: https://www.tradingview.com/x/6J0OH3Ly/

I have tried to describe here how crappy PYPL is running and that even BEFORE the PINS takeover rumor. The decisive sell signal and the trend reversal came at 2) on 28.9. because here the share has made a lower low after a lower high. This is a trend reversal. When something like this happens, the stock is no longer in a bullish trend. Subsequently, several partly clearly bearish sell signals followed from point 2 to 6.

A bottom is found when one can observe exactly the opposite, as of 9/28, a trend reversal. And the thing is further away from a trend reversal than I am from a relationship with the woman I've been into for 4 years.

One would need here first of all a clear decrease of the sell volume, strong buying volume over several days, re-tests of lows, recapture of EMAs, etc, etc.. It will take months before we can speak of a sustainable bottom here.

The could of me now also 10% upward ball and that would still not be a good basis for a bottom. Just because the n runs a little high means nothing. In the downtrend, such shares can also run upwards for 2 weeks until the next downward thrust comes, just take a look at Morphosys or CD Projekt.

Here is another example: https://www.tradingview.com/x/rUzKc6Xj/ SNAP. After the harvest, the voices were so loud that the -30% was completely exaggerated. Stocks neither go straight up nor straight down. Even the dirtiest garbage stock in a downtrend has green days. SNAP also made fat green movements in the meantime, which means nothing at all. SNAP still has not formed a bottom and the harvest was 5 weeks ago.