PayPal may rise to 89.10 - 91.50

Our pivot point stands at 77.1.

Our preference

As long as 77.1 is support look for 89.1.

Alternative scenario

Below 77.1, expect 73.4 and 71.1.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 79.7115 and 74.9826).

Supports and resistances

93.8 **

91.5 *

89.1 **

86.8

80.83 (USD-last)

78.6

77.1 **

73.4 *

71.1 **

Number of asterisks represents the strength of support and resistance levels.