Ebay recently reversed up from the support area lying between the support level 34.50 (former monthly low from November), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward impulse from December.
The upward reversal from this support area started the active short-term correction (ii).
Ebay is expected to rise further toward the next resistance level 36.65 (top of the previous minor wave 2 from last month).
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