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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

PayPal (PYPL) stock price has gone parabolic, rising for three straight days, and moving above key resistance levels. The highly embattled stock surged to a high of $65.82 on Friday, its highest point since August 3rd of last year. It has surged by more than 30% from its lowest point in 2023.

Buying the fear
PayPal has been under pressure in the past two years as concerns about its growth continued in Wall Street. These concerns have pushed several Wall Street analysts slashing their target for the stock.