PayPal Holdings Inc. (PYPL) Elliott Wave Forecast – Trading Lounge Daily Chart

PayPal Holdings Inc. (PYPL) Daily Chart Forecast

PayPal Holdings Inc. (PYPL) Elliott WaveTechnical Analysis

Function: Trend

Mode: Impulsive

Structure: Motive

Position: Wave C of (B)

Direction: Upside in Wave C

Details: The current Elliott Wave structure for PayPal (PYPL) suggests ongoing bullish momentum in Wave C. Pullbacks are unfolding in clear three-wave corrections, characteristic of continuation patterns within larger corrective phases, rather than indicating trend reversals. This supports a positive short-term outlook for the stock.

PayPal Holdings Inc. (PYPL) Elliott Wave Forecast – Trading Lounge 1-Hour Chart

Function: Trend

Mode: Impulsive

Structure: Motive

Position: Wave {iii} of C

Direction: Upside in Wave {iii}

Details: The 1-hour Elliott Wave chart for PYPL shows that Wave {ii} appears complete, with upward price movement initiating Wave {iii}. An alternative wave count could place this advance within Wave (v) of {i}, implying a minor consolidation before continued upside. Short-term bullish confirmation will rely on how price reacts near key resistance levels and whether momentum remains strong.

Technical Analyst: Alessio Barretta

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This comprehensive Elliott Wave analysis of PayPal Holdings Inc. (PYPL) integrates both daily and intraday timeframes to refine market perspective. The daily chart positions PYPL within Wave C of a larger corrective Wave (B), suggesting bullish potential. The 1-hour chart aligns this by identifying an impulsive move in Wave {iii}, or a possible extension in Wave (v), highlighting ongoing upward strength.