PayPal is a leading provider of online payment technology, enabling individuals and merchants to conduct electronic transactions and transfer money quickly and securely. In addition to the PayPal brand, the company also operates Venmo, Xoom, Braintree, and Zettle.
Technically, a price that remains above support presents a promising investment opportunity (see the black trendline on the main chart). When the price consistently holds above a well-established support level, it is viewed as a bullish signal.
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