PayPal ends cautiously higher - Analysis - 27-12-2021

Economies.com
2021-12-27 11:35AM UTC

PayPal Holdings' stock (PYPL) rose 0.17% in the last session amid positive signals from the RSI, settling at 192.01, while recouping some recent losses, amid the dominance of the main downward trend, with negative pressure from the 50-day SMA.

 

Therefore we expect the stock to return lower, targeting the support of 171.50, provided the resistance of 195.60 holds on.

 

Expected trend for today: Bearish

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