Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
PayPal Holdings' stock (PYPL) fell in the intraday levels, recording a loss of 0.02% in the last session, or 0.01 points, amid the dominance of the main upward short-term trend along the trend line, with ongoing positive support from the SMA for the last 50 days period, coupled with an influx of positive signals from relative power indicators.
Therefore we expect the stock to return higher in the coming trading, as long as the support of 41.75 holds on, targeting the pivotal resistance of 44.24.