PayPal may rise to 81.80 - 84.70

Our pivot point is at 67.9.

Our preference

The upside prevails as long as 67.9 is support.

Alternative scenario

Below 67.9, expect 63.1 and 60.2.

Comment

The RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 66.5345 and 62.2749).

Supports and resistances

87.6 **

84.7 *

81.8 **

78.9

72.05 (USD-last)

69.8

67.9 **

63.1 *

60.2 **

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