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PayPal Holdings Inc., (PYPL:NASDAQ) Elliott Wave Technical Analysis 3 August 23


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PayPal Holdings Inc., Elliott Wave Technical Analysis
PayPal Holdings Inc., (PYPL:NASDAQ): Daily Chart 3 August 23
PYPL Stock Market Analysis: We have been looking for a potential bottom at 58$ for a while and we successfully pullbacked from there. At this point we are looking for confirmation of at least a three wave pullback to the upside, if not the resumption of the overall bullish trend.
PYPL Elliott Wave Count: Wave 2 of (1) or (A).
PYPL Technical Indicators: Between 20 and 200EMA.
PYPL Trading Strategy: Looking for longs on the way up into wave 3.s  
TradingLounge Analyst: Alessio Barretta
 
PYPL_8_3.png.2b5ca89d2cbd3efc9d19e7c397be06bb.png
 
 

 
PayPal Holdings Inc., PYPL: 1-hour Chart, 3 August 23
PayPal Holdings Inc., Elliott Wave Technical Analysis
PYPL Stock Market Analysis: Looking for an expanded flat in wave 2 which signifies strength of the uptrend, therefore we could expect a shallow wave 2 ending soon as we already met equality of {c}vs. {a}.
PYPL Elliott Wave count:  Wave {c} of 2.
PYPL Technical Indicators: Above 200EMA.
PYPL Trading Strategy: Looking for longs into wave 3.
PYPL_1H.png.b5bddc0e429d84fe761bb9781bdb2bac.png
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