eBay may rise to 60.60 - 61.80

Our pivot point is at 54.8.

Our preference

The upside prevails as long as 54.8 is support.

Alternative scenario

Below 54.8, expect 52.8 and 51.6.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 55.469 and 54.3108).

Supports and resistances

63 **

61.8 *

60.6 **

59.4

56.94 (USD-last)

55.6

54.8 **

52.8 *

51.6 **

Number of asterisks represents the strength of support and resistance levels.