eBay may rise to 57.70 - 59.10

Our pivot point is at 51.3.

Our preference

As long as 51.3 is support look for 57.7.

Alternative scenario

Below 51.3, expect 49.1 and 47.8.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 52.726 and 51.7495).

Supports and resistances

60.4 **

59.1 *

57.7 **

56.4

53.08 (USD-last)

52.2

51.3 **

49.1 *

47.8 **

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