PayPal Moved to the Watchlist
The remaining PayPal position of around 2.1% was sold in full after the break below the stop-loss level of EUR 45.50 was confirmed. The limit sell orders were executed on September 10 at prices between approximately EUR 44.91 and EUR 44.96. The performance of the executed trades was thus around −15.4% to −15.5%.
The decisive factor for the decision was the deterioration in the technical picture. After falling below the defined stop-loss level, the stock showed insufficient stabilization to reverse the technical signal.
PayPal was therefore moved to the UMBRELLA Watchlist. The fundamental assessment of the company has not fundamentally changed as a result. We continue to monitor the stock, paying particular attention to technical stabilization, momentum development, and a possible recovery above key chart levels.
PayPal Price Action with Key Technical Levels (1 Year)
The chart shows the deterioration in the technical picture for PayPal as well as the break of the stop-loss level at EUR 45.50, which ultimately led to the complete exit from the UMBRELLA Strategy.
Key Takeaway
PayPal was sold in full from the UMBRELLA Strategy following the confirmation of the stop-loss signal and moved to the watchlist.
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