20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
PayPal Holdings Inc (NASDAQ:PYPL) shares are trading marginally lower by 0.75% to $63.70 Friday morning. Evercore ISI Group analyst David Togut on Friday downgraded the company from Outperform to In-Line and lowered the price target from $85 to $65.
The stock has also fallen some 15% over the trailing five sessions after the company reported a sequential decline in active accounts and second-quarter earnings.
What Happened With Earnings?
PayPal reported quarterly earnings of $1.16 per share, beating the analyst consensus estimate of $1.05 by 10.48% and representing a 24.73% increase over earnings of 93 cents per share from the same period last year.
The company's quarterly sales were $6.81 billion, exceeding the analyst consensus estimate of $6.59 billion by 3.28%, and remained consistent with the same period last year...Read More
According to data from Benzinga Pro, PayPal has a 52-week high of $103.03 and a 52-week low of $58.95.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!