Paypal will reach $300 in the next quarter

Fundamental analysis:
- Revenue growing (~30% YoY)
- Going into crypto: increase in revenue will not be substantial at the beginning but this open a whole new product and business line for Paypal that can grow both organically and through adquisitions (custodian services for crypto, allowing merchants to process payments in crypto easily and keep it in crypto).
- Paypal is adquiring and funding different fintech partners to grow its ecosystem.

Technical:
- Yellow path: extrapolated from 2016-2019 period. A correction could be possible to $180-200 if covid wave causes markets to panic again (not my base case scenario).
- White path: no pullback, smooth until $300 target. My base case as mama Yellen makes printer go brrr and retail investors dont fall into panic given what happened in March.
Chart PatternsFundamental Analysis

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