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PayPal Holdings Inc., Elliot Wave Analysis

11/29/2022 10:32 AM

Growth is possible.

On the daily chart, the upward wave of the higher level А formed, and a downward correction develops as the wave B. Now, the wave (А) of B has ended, and an upward correction of the lower level is developing as the wave (B) of B, within which the wave A of (B) has formed, the wave B of (B) has ended, and the wave C of (B) is developing. If the assumption is correct, the asset will grow to the area of 124.04–158.60. In this scenario, critical stop loss level is 70.22.



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