PayPal seeks a bottom to boost it - Analysis - 18-01-2019

PayPal Holdings' stock returned lower with a 0.17% loss in the last session, or 0.15 points, while seeking a bottom to bounce it higher, amid the dominance of the upward trend in the short term, with positive support from the 50-day SMA, while the RSI reached oversold levels compared to the stock's movements. 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 93.70, as long as the support of 89.06 holds on. 

Expected trend for today: Likely Bullish