PayPal amid negative outlook - Analysis - 13-12-2021

Economies.com
2021-12-13 11:35AM UTC

PayPal Holdings' stock (PYPL) fell 1.69% in the last session amid the dominance of the short-term downward trend, settling at 188.51, with a negative divergence forming in the RSI after reaching overbought levels compared to the stock's movements. 

 

Therefore we expect more losses for the stock, targeting the support of 171.50, provided the resistance of 195.57 holds on.

 

Expected trend for today: Bearish

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