PayPal readies to tackle pivotal resistance - Analysis - 20-09-2018

PayPal Holdings' stock rose in the intraday levels after leaning on the support of the 50-day SMA, while trading alongside the main upward short-term trend line as shown in the attached chart, with positive signals from the RSI after reaching oversold levels, as the stock readies to attack the pivotal resistance of 92.35. 

Therefore we expect more gains for the stock, especially if the resistance of 92.35 was breached, targeting the next one at 99.20. 

Expected trend for today: Bullish