PayPal receives positive support - Analysis - 10-05-2021

Economies.com
2021-05-10 09:39AM UTC

PayPal Holdings' stock (PYPL) rose 0.53% in the last session, leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the first resistance of 277.22, provided the support of 254.36 holds on.

 

Expected trend for today: Bullish 

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