PayPal in a hesitant place - Analysis - 17-09-2021

Economies.com
2021-09-17 12:11PM UTC

PayPal's stock (PYPL) rose 0.19% in the last session while trading alongside the main upward medium-term trend line, with positive divergence, while hurt by negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 309.00, provided the resistance of 288.80 was breached.

 

Expected trend for today: Bullish 

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