PayPal Holdings' stock (PYPL) tumbled 5.86% in the last session, settling at 243.21, amid negative pressure from the 50-day SMA, with negative signals from the RSI, breaching the support of 257.90, representing the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the medium term (from 174.79 to 309.42).
Therefore we expect more losses for the stock, targeting the pivotal support of 226.25, representing the ratio 61.8%, provided the resistance of 257.90 holds on.
Expected trend for today: Bearish