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$PayPal Holding Ltd.(PYPLNASDAQ) Elliott Wave Technical Analysis December 1 2022

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$PayPal(PYPL)$ PayPal Holding Ltd., Elliott Wave Technical Analysis

PayPal Holding Ltd., (PYPLNASDAQ): Daily Chart, December 12022, 

PYPL Stock Market Analysis: We have had an additional move lower which we weren’tanticipating, however the overall count stays intact as there has been no massive wave countinvalidation.

PYPL Elliott Wave Count: Wave {ii} of 3.

PYPL Technical Indicators:Below all EMAs.

PYPL Trading Strategy:Looking for further upside into wave {iii} with an aggressive tradewhich could guarantee a high return given the high risk with a stop below 71$.

TradingLounge Analyst: Alessio Barretta






PayPal Holding Ltd., PYPL: 4-hour Chart, December 1 2022

PayPal Holding Ltd., Elliott Wave Technical Analysis

PYPL Stock Market Analysis: It looks like there is a possibility the correction is completed as wealso reacted higher form a high volume level.

PYPL Elliott Wave count: Wave {ii} of 3.

PYPL Technical Indicators: Below all EMAs.

PYPL Trading Strategy:Similar strategy to the daily chart, it is worth mentioning that going longnow carries a higher risk as there is no strong evidence in favor of the fact the correction in wave{ii} is finished.


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