MarketIntel

PayPal: More Weight! 🏋ïļ

NASDAQ:PYPL   PayPal Holdings, Inc.
Load up – PayPal needs more weight to gain enough downwards pressure! We expect the share to make it below the support at $66.11 and thus into the gray zone between $66.16 and $34.93. There, the course should complete wave II in gray and take off above the resistance at $93.52 afterward. However, there is a 35% chance that PayPal could conquer this mark earlier and skip its visit to the gray zone. In that case, we would consider wave alt.II to be already finished.

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