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) kept rising in the intraday levels, scoring a fresh profit of 0.57% in the last session, or 0.47 points, amid the dominance of the main upward short-term trend, with positive support from the 50-day SMA, countered with the Relative Strength Index reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 86.02, as long as the support of 79.39 holds on.