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

In-Depth Bitcoin Analysis: BTCUSD Elliott Wave Insights, Trading Strategies, and Price Predictions for Market Success

In-Depth Bitcoin Analysis: BTCUSD Elliott Wave Insights, Trading Strategies, and Price Predictions for Market Success

Bitcoin (BTCUSD) analysis using the Elliott Wave framework to guide covers Wave C's corrective p...

Read More >
Visa Inc.(V:NYSE) Elliott Wave Technical Analysis 7 December 23

Visa Inc.(V:NYSE) Elliott Wave Technical Analysis 7 December 23

Visa Inc.(V: NYSE) Elliott Wave Technical Analysis dated 7 December 23, V Stock Market Analysis or V...

Read More >
Navigate Bitcoin Markets: Elliott Wave Technical Forecasts and Proven BTCUSD Strategies

Navigate Bitcoin Markets: Elliott Wave Technical Forecasts and Proven BTCUSD Strategies

This article provides an in-depth Elliott Wave analysis for Bitcoin (BTCUSD), including a breakdown ...

Read More >
Swiss Market Index Elliott Wave Technical Analysis - SMI financial news and Stock market analysis

Swiss Market Index Elliott Wave Technical Analysis - SMI financial news and Stock market analysis

Explore the latest Elliott Wave Analysis for the Swiss Market Index (SMI) and gain valuable trading ...

Read More >
SEI Crypto Price News Today SEIUSD Elliott Wave Technical Analysis: Comprehensive Forecast and Strategic Trading Insights

SEI Crypto Price News Today SEIUSD Elliott Wave Technical Analysis: Comprehensive Forecast and Strategic Trading Insights

This analysis delves into the SEI/USD pair using Elliott Wave Theory, providing a detailed forecast ...

Read More >
Wisetech Global Limited Stock & Elliott Wave Technical Analysis: WTC's Price Forecast, Critical Support and Resistance levels

Wisetech Global Limited Stock & Elliott Wave Technical Analysis: WTC's Price Forecast, Critical Support and Resistance levels

Our detailed Elliott Wave analysis for ASX: WISETECH GLOBAL LIMITED (WTC) provides key insights into...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

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

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

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

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • 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