PayPal extends gains - Analysis - 08-09-2022
Economies.com
2022-09-08 12:32PM UTC
PayPal Holdings' stock (PYPL) rose after forming a positive divergence in the RSI after reaching oversold levels, with positive signals out of it, amid the dominance of the upward correctional trend in the short term, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, targeting the first resistance at 103.03, provided the support of 89.30 holds on.
Expected trend for today: Bullish
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