PayPal gives in to negative pressure - Analysis - 19-11-2020

Economies.com
2020-11-19 11:54AM UTC

PayPal Holdings' stock (PYPL) fell 1.13% in the last session after touching the resistance of the 50-day SMA, while hurt  by piercing the main upward trend line recently, with positive signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 174.70, provided it holds below 195.70. 

 

Expected trend for today: Bearish

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