PayPal Holdings' stock spiked 9.42% in the last session, or 7.30 points, touching the resistance of the 50-day SMA, while hurt by a negative pattern that formed in the short term, the Rising Wedge pattern.
Therefore we stand neutral until the stock moves on the 85.49 resistance, and if it held ground, the stock will resume its decline and target the support of 79.39.
Expected trend for today: Likely Bearish