PayPal sharpens decline - Analysis- 24-02-2021

Economies.com
2021-02-24 12:01PM UTC

PayPal Holdings' stock (PYPL) kept falling amid attempts to seek a bottom to bounce it higher anew, marking a 3.23% loss in the last session, amid the dominance of the main upward trend in the medium term, while the RSI reached oversold levels compared to the stock's movements. 

 

Therefore we expect the stock to return higher, targeting the resistance of 305.35 anew, provided the support of 254.35 holds on. 

 

Expected trend for today: Bullish 

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