PayPal tries to vent off overbought saturation - Analysis - 13-03-2018

2018-03-13 13:11:21 GMT (Economies.com)
PayPal tries to vent off overbought saturation - Analysis - 13-03-2018
 

PayPal Holdings' stock (PYPL) fell in the intraday levels, recording a loss of 0.14% in the last session, or 0.11 points, as the stock tries to vent off overbought saturation in the Relative Strength Index, and gather momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 86.02, as long as it settles above 79.39. 

 
 
 
  Symbol Last Change Chg.%
1.1748
0.0117
1.0051%
1.3079
0.0010
0.0727%
14.296
0.229
1.624%
70.832
1.845
2.674%
78.76
0.06
0.08%
1199.070
5.295
0.444%
 
 
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