In recent days, PYPL shares showed a significant recovery, raising the central question of whether the price will indeed dive into deeper territories once more, as assumed in our primary scenario. In this case, we expect the stock to fall below the support at $50.18. There, the stock should form the final low of the overarching beige wave II, thus laying the foundation for a sustainable trend reversal. Alternatively, the overarching low may have already been settled at the beginning of the month. In this 45% likely scenario, the recovery would imminently gain momentum, allowing PYPL to sustainably rise above the resistance levels at $78.86 and $94.97.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.