PayPal Penetrates axial resistance – analysis – 14-02-2018

in #analysis2 years ago


The arrow continued to rise with its recent trades in the short term, so that the arrow would succeed at this altitude by penetrating the level of the axial resistance 93.70, with a new profit of 1.82% equivalent to 1.69 points, in the context of positive signs of relative power indicators, with the control of the main direction The medium-and short-term upward, with continuous positive support for the simple moving average for the previous 50-day period.

Therefore, our expectation is that the stock would continue to rise during its next trading, provided that the 93.70 resistance level is compromised, targeting the 98.82 resistance level.

The expected trend of today's trades: upward


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