Elliott Wave Technical Analysis: PayPal Holdings Inc., Oct.11

PayPal Holdings Inc., Elliott Wave Technical Analysis

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PayPal Holdings Inc., (PYPL): Daily Chart, October 11 2022,  
PYPL Stock Market Analysis: Looking for further downside to complete the overall correction into wave 2.  

PYPL Elliott Wave count:  {c} of 2

PYPL Technical Indicators: We are below all averages, with the 20EMA previously acting as resistance.

PYPL Trading Strategy: Looking to take short term trades(intraday) to the downside as the trend is currently bearish.  

TradingLounge Analyst: Alessio Barretta

PayPal Holdings Inc., PYPL: 4-hour Chart, October 11 2022  

PayPal Holdings Inc., Elliott Wave Technical Analysis
PYPL Stock Market Analysis: Looking for further downside to reach at least equality of {a} vs {c} at  78$ and maybe even lower to meet the volume point of control.

PYPL Elliott Wave count:  {c} of 2.

PYPL Technical Indicators: Below all averages.

PYPL Trading Strategy: Looking to take short term trades to the downside until we meet one of the previously cited support points. 


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