American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

PayPal in a hesitant place - Analysis - 15-03-2021

Economies.com
2021-03-15 12:30PM UTC

PayPal Holdings' stock (PYPL) fell 1.37% in the last session after touching the resistance of the 50-day SMA, while trading alongside the main upward medium-term trend line, with positive signals from the RSI.

 

Therefore we expect the stock to return higher, targeting the first resistance of 275.00, provided the resistance of 254.35 was breached.

 

Expected trend for today: Likely Bullish 

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