TECH Buy 04.07.2024 12:48
PayPal Holdings Inc.: candle analysis
On the H4 chart, quotes are consolidating in a wide price range of 57.07-68.28: at the moment, the price has pushed off from the key support level of 57.07 and is holding at 59.63, forming a series of the "Hammer" reversal patterns of the candle analysis.
TECH Buy 25.06.2024 08:31
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 a local correction has ended as the wave iv of 1. If the assumption is correct, the asset will grow within the wave v of 1 to the area of 73.00–77.00. In this scenario, critical stop loss level is 56.00.