Jump to content

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

Recommended Posts

$PayPal(PYPL)$ 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.


Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 30/01/23 19:24
  • Posts

    • Trying to buy First Trust Nasdaq Cybersecurity ETF (CIBR) but the order keeps getting rejected, even with Order type = limit and expiry = Day (all  sessions).  Please advise.
    • @MongiIG How long does it take to reply to a simple question?
    • Look Ahead to 31/1/23: Big data from the US, China, Japan; PFE, XOM, AMD earnings Ahead of the Fed meeting and the key US jobs report, investors get set to digest retail sales numbers from Germany and Japan. Plus, look out for consumer-related data from China, France, and the US. Earnings see Pfizer (PFE), Exxon Mobil (XOM) and Advanced Micro Devices (AMD) hand in their Q4 report cards.   Angeline Ong | Presenter, Analyst and Content Editor, London | Publication date: Monday 30 January 2023        
  • Create New...