PayPal stages tactical decline - Analysis - 13-08-2018

Economies.com
2018-08-13 14:15PM UTC

PayPal Holdings' stock declined in a volatile session in an attempt to gather positive momentum to help it climb anew, marking a loss of 0.18% in the last session, or 0.16 points, while the stock trades alongside the upside short-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect the stock to return higher, provided it settles above 86.63, targeting the pivotal resistance of 92.35. 

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