Stocks

eBay may rise to 59.20 - 60.30

2024-08-01

Our pivot point stands at 53.3.

Our preference

The upside prevails as long as 53.3 is support.

Alternative scenario

Below 53.3, expect 51.5 and 50.4.

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 53.8775 and 53.5114).

Supports and resistances

61.4 **

60.3 *

59.2 **

58.1

55.61 (USD-last)

54

53.3 **

51.5 *

50.4 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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