On the daily chart, the price is developing an upward wave that has not yet reached the resistance line of the ascending channel with dynamic boundaries at 70.00–52.00.

On the four-hour chart, if the price consolidates above the 58.00 high, which has not yet been tested, a move toward 63.00 is expected. However, if the price breaks below the 55.00 low, a decline toward the July trading area near 47.00 is possible.

Technical indicators maintain a buy signal: the fast exponential moving averages (EMAs) of the Alligator indicator remain above the slow ones, with the gap between them widening, while the Awesome Oscillator (AO) histogram is forming corrective bars in positive territory.

PayPal (PYPL) stock technical analysis chart showing resistance at 57.80 and 62.60, with support at 54.90 and 47.50

PayPal Stock Trading Scenarios and Price Forecast

Long positions may be opened after the price rises and consolidates above 57.80, with a target at 62.60. Stop-loss: 56.00. Estimated implementation period: 7 days or more. Short positions may be opened after the price declines and consolidates below 54.90, with a target at 47.50. Stop-loss: 57.00.

Scenario

Timeframe Weekly
Recommendation BUY STOP
Entry Point 57.80
Take Profit 62.60
Stop Loss 56.00
Key Levels 47.50, 54.90, 57.80, 62.60

Alternative Scenario

Recommendation SELL STOP
Entry Point 54.90
Take Profit 47.50
Stop Loss 57.00
Key Levels 47.50, 54.90, 57.80, 62.60