PayPal Holdings Inc. Elliott Wave Technical Analysis

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PayPal Holdings Inc., (PYPL:NASDAQ): Daily Chart, August 11, 2022,

PYPL Stock Market Analysis: We are looking at a pullback which is following a five wave move
to the upside, therefore we do expect further upside to come once this pullback is completed.
PYPL Elliott Wave count: Wave 2

PYPL Trading Strategy: wait to have further confirmation on how this wave 2 will develop and
then look for longs.

PYPL Technical Indicators: We are still below the 200 EMA, however momentum indicators
suggest we are into massively bought territory.

PYPL Latest News: 10 Popular Alternatives to PayPal(Yahoo Finance).

TradingLounge Analyst: Alessio Barretta




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

PayPal Holdings Inc., Elliott Wave Technical Analysis

PYPL Stock Market Analysis: Looking for a potential continuation lower into wave {c} to
complete the correction.

PYPL Elliott Wave count: Wave a of {c} of 2.

PYPL Technical Indicators: We just bounced off the 200EMA acting as support which could
indicate a very small wave 2 completed already.

PYPL Trading Strategy: Looking for confirmation of trend resumption.

 

 

 

Edited August 11, 2022 by tradinglounge
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Apologies for posting stocks in the fx section  Rgds Pete : ))