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Paypal Daily Technical Analysis | 27 October 2017

2017-10-27 10:11 am | Resource: Technical Analysis Section | No Views : 325

The Paypal stock is trading in a bullish direction and the SMA is still positively intersecting with the slow moving average.

Paypal Daily Technical Analysis | 27 October 2017

The US CASH broke through $ 71.34 during yesterday's trading, as bulls dominated the stock.
The rate of change 12 is trading above zero and is currently neutralizing the breach of the bearish trend line on the 4-hour interval, and the index is trading above a rising trend line in tandem.
It is expected that, if the price of the shares of PayPal to the level of 73.26 may be the stock to target $ 74.93 on the other side in case, breaking the level of 69.54 may move the stock towards the level of 65.05
Support: 69.54 - 65.05 - 61.27
Resistance: 73.26 - 74.93 - 77.52
Trend: Up


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