Paypal has just been absolutely slain lately. The stock just keeps falling to lower and lower PE ratios. I do prefer Sofi as a growth play any day to the company. Following a multi-month downtrend in RSI there appears to be no floor to the stock price. The financial statements have been turning a corner and I am surprised that the stock continues to freefall. The price is also far below the 200 SMA which is concerning. I do think it makes more sense to long this than short this at these levels, I myself am staying out of it since I like SOFI more.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.