PYPL Long

PayPal is down from its 52 week high of 300 all the way down to 100. After taking a look at their earnings and financials they look like a sound company and i honestly dont see a reason for this large of a drop in price. right now PayPal is trading at a p/e of only 32 which is very cheap compared to competitiors like SQ and V. as you can see it is currently bouncing off of some old supports and i have taken this opportunity to buy a few shares with tight stop loss just to test the waters of this hopefully recovering company.