Just entered Paypal at 39.5


Just entered a long position on paypal @ 39.5

Reason: I like paypal, i use paypal. Great brand, Huge growth space in the mobile industry. Plus now it is near its support. More over most businesses use paypal checkout.

Risk: Strong competitors like master card and visa trying to dominate the online payment industry.

Current TP is 42 but will exit earlier or later depends on fundamental.


Sorry chart too big for my website, try open in new tab



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