TECH Buy 16.04.2024 08:29
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, within which the first wave of the lower level 1 of (1) of C forms. Now, the wave i of 1 has ended, a local correction has formed as the wave ii of 1, and the wave iii of 1 is developing. 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 62.45.
Indicators
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait