PayPal Holdings, Inc.

PYPL hitting 2017 price levels

272
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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