PayPal rallies - Analysis - 07-08-2020

PayPal Holdings' stock kept rising with a 0.58% profit in the last session, as it traded above the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, with positive signals from the RSI. 

Therefore we expect more gains for the stock, targeting the resistance of 215.32, provided the support of 195.93 holds on. 

Expected trend for today: Bullish