PayPal may rise to 84.40 - 86.70

73 is our pivot point.

Our preference

As long as 73 is support look for 84.4.

Alternative scenario

Below 73, expect 69.2 and 66.9.

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 trading above both its 20 and 50 day moving average (respectively at 74.4385 and 69.9632).

Supports and resistances

89 **

86.7 *

84.4 **

82

77.31 (USD-last)

74.5

73 **

69.2 *

66.9 **

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