PayPal pares losses - Analysis - 28-05-2020

PayPal Holdings' stock plumbed a low at 140.00, amid negative signals from the RSI while venting off overbought saturation and gathering momentum to help it rise anew, marking a loss 0.71% in the last session amid the dominance of the main upward trend in the short term, coupled with support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 153.96, provided the support of 139.00 holds on. 

Expected trend for today: Bullish