Why PayPal Could Be a Strong Investment Opportunity

TECHNICAL REASONS
1. Price Sitting on a Major Long-Term Support Zone ($60–$62)
Your chart shows PYPL retesting a multi-year support zone that has held several times in the past.
This is a high-probability demand area where institutions tend to accumulate.
Support touched in 2022, 2023, and now again in 2024/2025
Every time price hit this zone before → it bounced strongly

Risk is very defined because a break below ~$60 would invalidate the setup
2. Selling Pressure Weakening + Spike in Volume
1.Recent red candles show a drop, but the volume spike signals:
2.Capitulation selling may be ending
3.Buyers could step in soon
4.Volume at support often signals a trend reversal brewing
3. Oversold on Long-Term Chart

On weekly timeframe:
Price is far below the 21 EMA, indicating deep oversold conditions
Historically, whenever PYPL is this stretched from EMA → strong mean reversion follows
This makes the stock attractive for long-term investors
4. Potential Double Bottom Pattern
The $60 zone matches previous lows → forming a possible double bottom, a classic reversal pattern.
If price reclaims $67–$71, it turns bullish and confirms a trend reversal.

FUNDAMENTAL REASONS TO INVEST
1. PayPal still dominates global digital payments
Despite competition from Apple Pay, Stripe, and others, PayPal maintains:
430M+ active accounts
Leading global payment gateway
Top platform for freelancers, small businesses, and subscriptions
Strong B2B merchant business
Global digital payments are projected to reach $15+ trillion by 2030, and PayPal remains one of the top brands.