$PYPL reports after the bell this afternoon. It’s gone nowhere for the past year. Below it’s 200 day moving average, and the anchored vwap from its August 2022 earnings release. This was once a $300+ stock. We all know it, and at least to me, it feels like one of the quality names that we often look backwards on and say, “Oh wow, I could’ve bought it in a 70%+ drawdown. The orange and red lines are the starting point for me in any long consideration. Just a watch for now, but an important one.
