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PayPal Holdings Inc.(PYPL:NYSE) Elliott Wave Technical Analysis October 11 2022


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PayPal Holdings Inc., Elliott Wave Technical Analysis
PayPal Holdings Inc., (PYPL:NYSE): 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
 
PYPL_10_11.thumb.png.d5ad423eb28cd871f4754ab35aaad6f7.png
 
 

 
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.  
PYPL_4H.thumb.png.4ce60de31e230522e3de666782295a06.png
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