I really like PYPL long term, and I think it is possible that bottom is already in on this name. Although, depending on market conditions, it could see a flush to retest the uptrend line. If we get that lucky that is a perfect spot to go long. On the next market leg up I like this name going to 350+ on wave 3 alone.
Trade Idea: go long on the dips (with time for options) stop loss would be on a break of the uptrend line. Or lower risk trade would be to get in at uptrend support (if we flush that low), or wait until the breakout to the upside (310) and retest
Trade Idea: go long on the dips (with time for options) stop loss would be on a break of the uptrend line. Or lower risk trade would be to get in at uptrend support (if we flush that low), or wait until the breakout to the upside (310) and retest