PayPal pierces pivotal resistance - Analysis - 13-02-2019

PayPal Holdings' stock kept rising in the short term, managing to pierce the pivotal resistance of 93.70 and scoring a profit of 1.82% in the last session, or 1.69 points, with positive signals from the RSI, coupled with the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

Therefore we expect more gains for the stock, provided the resistance of 93.70 was breached, targeting the one at 98.82. 

Expected trend for today: Bullish