PayPal readies to tackle next resistance - Analysis - 14-11-2017

Economies.com
2017-11-14 12:24PM UTC

PayPal Holdings' stock (PYPL) rose in the intraday levels, scoring a profit of 0.05% in the last session, or 0.04 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while the RSI reached extremely oversold levels compared to the stock's movement, readying thereafter to tackle the resistance of 75.20. 

 

Therefore we expect more gains for the stock, especially if the resistance of 75.20 was breached, targeting the next one at 80.57. 

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