TECH Buy 30.04.2024 08:47
PayPal Holdings Inc.: wave analysis
Growth is possible.
On the daily chart, a downward correction of the higher level ended as the wave B, and the upward wave C started. Now, the first wave of the lower level 1 of (1) of C is forming, within which the wave iii of 1 develops. If the assumption is correct, the asset will grow to the area of 73.00–77.00. In this scenario, critical stop loss level is 61.63.
Indicators
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy