PayPal gathers positive momentum -Analysis - 03-03-2021

Economies.com
2021-03-03 12:12PM UTC

PayPal Holdings' stock (PYPL) fell 1.62% in the last session, while gathering momentum to help it rise anew, amid support from the 50-day SMA, and with the dominance of the main upward medium-term trend, coupled with positive signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 305.35, provided the support of 254.35 holds on. 

 

Expected trend for today: Bullish 

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