eBay may rise to 71.40 - 72.80

Our pivot point is at 64.8.

Our preference

As long as 64.8 is support look for 71.4.

Alternative scenario

Below 64.8, expect 62.6 and 61.2.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 65.437 and 61.4896).

Supports and resistances

74.1 **

72.8 *

71.4 **

70

66.92 (USD-last)

65.8

64.8 **

62.6 *

61.2 **

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