PayPal surges - Analysis - 25-03-2020

Economies.com
2020-03-25 10:59AM UTC

PayPal's stock surged 14.11% in the last session, with positive signals from the RSI, countered with negative pressure from the 50-day SMA, amid the dominance of the downward short-term trend. 

 

Therefore we expect the stock to return lower, targeting the support of 88.70. 

 

Expected trend for today: Bearish 

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