eBay may rise to 58.10 - 59.20

52 is our pivot point.

Our preference

The upside prevails as long as 52 is support.

Alternative scenario

Below 52, expect 50.1 and 49.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is below its 20 day moving average (53.616) but above its 50 day moving average (53.0712).

Supports and resistances

60.4 **

59.2 *

58.1 **

56.9

53.6 (USD-last)

52.8

52 **

50.1 *

49 **

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