Stocks

eBay may rise to 69.70 - 71.10

2024-10-05

62.8 is our pivot point.

Our preference

As long as 62.8 is support look for 69.7.

Alternative scenario

Below 62.8, expect 60.5 and 59.1.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 63.352 and 59.4012).

Supports and resistances

72.6 **

71.1 *

69.7 **

68.3

65.38 (USD-last)

63.8

62.8 **

60.5 *

59.1 **

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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