PayPal stock closed at $52.94 , right at the $53.02 pivot, following a 27% three-month rally. The shares remain down 18.7% over the trailing year. The recent strength now faces its first real pullback test. PYPL - daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways PayPal stock...
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PayPal shares close the session of September 17 to $52.94, under all the exponential moving averages of the daily. After a 27% rally in three months, the title remains in decrease of 18.7% on an annual basis. The technical regime is officially neutral, but the cross-reading of timeframes indicates a phase of verification [...]