31Oct

Understand PYPL’s Market Direction and Anticipated Price Movements: PayPal Holdings Inc. Stocks Elliott Wave Technical Analysis

Elliott Wave Analysis for PayPal Holdings Inc. (PYPL) – Daily and 1-Hour Chart Overview

This Elliott Wave analysis for PayPal Holdings Inc. (PYPL) provides insights into both the daily and 1-hour chart structures, emphasizing the prevailing trends and potential future price action for PYPL.

PYPL Elliott Wave Analysis - Tradinglounge Daily Chart

PayPal Holdings Inc. (PYPL) Daily Chart Analysis

PYPL Elliott Wave Technical Analysis

Technical Analysis Summary: Counter Trend

Wave Mode: Corrective

Wave Structure: Complex

Current Position: Wave (Y)

Market Direction: Potential Top in Wave (Y)

Detailed Analysis: The daily chart for PYPL suggests a complex corrective structure forming in Wave (Y). Observing a three-wave move within Wave (Y) indicates a possible top. Pending further confirmation, there remains an alternate scenario where this sequence could be a 1-2-3 impulsive move rather than a corrective one.

PayPal-Holdings-Inc-...


PYPL Elliott Wave Analysis – 1-Hour Chart

PayPal Holdings Inc. (PYPL) 1-Hour Chart Analysis

Technical Analysis Summary: Counter Trend

Wave Mode: Corrective

Wave Structure: Complex

Current Position: Wave {i} of A

Market Direction: Downside Continuation in Wave {iii}

Detailed Analysis: In the 1-hour chart, PYPL appears to be entering a new downside phase, likely progressing within Wave {iii} of A in a corrective pattern. Volume levels suggest that the initial movement downwards might mark the start of a more extended trend, potentially in either Wave {iii} or Wave {c}. The analysis remains focused on a continuation lower to complete the overall corrective sequence.

Technical Analyst: Alessio Barretta

Source: visit Tradinglounge.com and learn From the Experts Join TradingLounge Here 

See Previous: Caterpillar Inc. (CAT) Elliott Wave Technical Analysis

VALUE Offer - Buy 1 Month & Get 3 Months!Click here

Access 7 Analysts Over 200 Markets Covered. Chat Room With Support

PayPal-Holdings-Inc-...

Related

Understand the best Strategies for Navigating Bitcoin’s Price Action: Elliott Wave Analysis and BTCUSD Technical Trends

Understand the best Strategies for Navigating Bitcoin’s Price Action: Elliott Wave Analysis and BTCUSD Technical Trends

This article offers in-depth Bitcoin Elliott Wave analysis, focusing on BTCUSD technical trends, pri...

Read More >
Specific Price levels and Market Trends for ASX REA GROUP LTD – REA Stock Analysis & Elliott Wave Technical Forecast

Specific Price levels and Market Trends for ASX REA GROUP LTD – REA Stock Analysis & Elliott Wave Technical Forecast

This article provides a comprehensive Elliott Wave analysis of ASX: REA GROUP LTD. It includes detai...

Read More >
NEO / U.S. dollar(NEOUSD) Elliott Wave Technical Analysis 30 January 24

NEO / U.S. dollar(NEOUSD) Elliott Wave Technical Analysis 30 January 24

NEO and U.S. dollar(NEOUSD) Elliott Wave Technical Analysis For 30 January 24, NEOUSD Elliott Wave C...

Read More >
Navigate the XRP Crypto market with Confidence Price News Today and XRPUSD Elliott Wave Technical Analysis

Navigate the XRP Crypto market with Confidence Price News Today and XRPUSD Elliott Wave Technical Analysis

This article provides a detailed XRP price prediction using Elliott Wave analysis. It covers XRPUSD ...

Read More >
Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis 15 November 23

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis 15 November 23

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis on 15 November 23 with daily chart.

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on