Elliott Wave Technical Analysis: PayPal Holdings Inc., Sept. 29

PayPal Holdings Inc., Elliott Wave Technical Analysis

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PayPal Holdings Inc.,(PYPL): Daily Chart,September 29 2022

PYPL Stock Market Analysis: It looks like we have a three wave structure to the downside which makes us believe the count is moving as expected.

Waiting for confirmation level to be broken.

PYPL Elliott Wave count:{c} of 2.

PYPL Trading Strategy: Lookinga break of the green line and then a three wave pullback.

PYPL Technical Indicators: We are trying to go back above the 20 EMA.

TradingLounge Analyst: Alessio Barretta

Source Tradinglounge.com 

PayPal Holdings Inc., PYPL: 4-hour Chart, September 29 2022

PayPal Holdings Inc., Elliott Wave Technical Analysis

PYPL Stock Market Analysis: The most important thing was to count 5 waves into wave {c} and we can identify them.

PYPL Elliott Wave count:{c} of 2. PYPL Technical Indicators: Above the 20EMa and RSI made a bounce into neutral territory.

PYPL Trading Strategy: Looking a break of the green line and then a three wave pullback.


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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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