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dorfmanmaster

Paypal - sitting at support

PayPal Holdings, Inc. (NASDAQ:PYPL)  
dorfmanmaster  
NASDAQ:PYPL   PayPal Holdings, Inc.
Chart Patterns Trend Analysis Technical Indicators paypal money paymentprocessing smastudy Divergence rrr3 Technical Analysis watchlist
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chartpattern trendanalysis indicator paypal money paymentprocessing smastudy divergence rrr3 technicalanalysis watchlist
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.
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