Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
PayPal Holdings' stock returned higher after leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium term, thus scoring a profit of 2.61% in the last session, or 2.16 points, while countered with negative signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 83.75 holds on, targeting the resistance of 93.70.
Expected trend for today: Bullish