PayPal Holdings' stock tumbled 3.43% in the last session, or 2.98 points, trespassing the support of the 50-day SMA, in turn becoming exposed again to its negative pressure, with negative signals from the RSI after reaching overbought levels, while trading alongside the main upward trend line in the medium term.
Therefore we expect more losses for the stock, targeting the support of 81.30, as long as the resistance of 87.69 holds on.
Expected trend for today: Bearish