TRADOMICS_

Probable a V shape restart on Paypal

BATS:PYPL   PayPal Holdings, Inc.
The analysis issued on PYPL more than a week ago has been confirmed by the market that, with the break up of 56.72 dollars, allows the wave t+1/t+2i to continue extend the raise.

From the 24th of November, investors and traders need to be aware of a potential new begin of a T+3i wave. If confirm, we expect an harsh retracement.

As Plan B, if price will continue to extend gain, the T+3i in focus will be positioned on Wednesday 11 October, therefore the raise of the price can continue till at most February 2024.

We can not yet exclude a W shape restart, as far as the price will not reach and cross 59.64 dollars

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