PayPal - Is the stock dead?

Hello Traders and Investors, today I will take a look at PayPal.

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Explanation of my video analysis:

With the Covid-Crash in 2020 we saw a beautiful bullish break and retest on PayPal in confluence with a retest of an ascending trendline. This retest was followed by a rally of +200% towards the upside. From there, PayPal stock declined more than 80% and it is likely that we will never ever see the previous highs again. If you decide to take a trade though, make sure to properly manage your risk.

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Keep your long term vision,
Philip (BasicTrading)