PayPal may rise to 70.80 - 73.20

Our pivot point stands at 57.3.

Our preference

The upside prevails as long as 57.3 is support.

Alternative scenario

Below 57.3, expect 53.5 and 51.2.

Comment

The RSI is above its neutrality area at 50. 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 60.7625 and 61.1025).

Supports and resistances

75.6 **

73.2 *

70.8 **

68.4

62.71 (USD-last)

58.8

57.3 **

53.5 *

51.2 **

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