Paypal - sitting at support
Bullish technicals
PYPL has struggled to stay above the 200sma, which is still in an uptrend.
Today closing above the 200sma would we the third consecutive day doing so...
Risk reward ratio is 3:1
Bearish technicals
OBV has been trending lower, diverging from what the RSI is telling us.
We have a few layers of overhead resistance.
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Keeping on a close watchlist until technicals indicate otherwise.
PYPL has struggled to stay above the 200sma, which is still in an uptrend.
Today closing above the 200sma would we the third consecutive day doing so...
Risk reward ratio is 3:1
Bearish technicals
OBV has been trending lower, diverging from what the RSI is telling us.
We have a few layers of overhead resistance.
-----
Keeping on a close watchlist until technicals indicate otherwise.
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