eBay may rise to 56.20 - 57.30

50.9 is our pivot point.

Our preference

The upside prevails as long as 50.9 is support.

Alternative scenario

The downside breakout of 50.9 would call for 49.1 and 48.

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 51.3303 and 51.4181).

Supports and resistances

58.4 **

57.3 *

56.2 **

55.1

52.81 (USD-last)

51.6

50.9 **

49.1 *

48 **

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