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PayPal Holdings Inc.(PYPL:NASDAQ) Elliott Wave Technical Analysis September 29 2022


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PayPal Holdings Inc.,Elliott Wave Technical Analysis

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

PYPLStock 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.

PYPLElliott Wave count:{c} of 2.

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

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

TradingLounge Analyst: Alessio Barretta

 

PYPL_9_29.png.ef8ad77af5da4439ebcdbafb01a7519a.png

 

 

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

PayPal Holdings Inc.,ElliottWave Technical Analysis

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

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

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

PYPL_4H.png.fb60358e9bcda8cdcd3870b786b82a03.png

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