Ebay Wave Analysis – 26 February 2025

– Ebay reversed from the resistance level 71.15

– Likely to fall support level 69.00

Ebay recently reversed down from the resistance level 71.15 (which stopped the previous sharp impulse wave 1 at the start of February) standing close to the upper daily Bollinger Band.

The downward reversal from the resistance level 71.15 stopped the earlier impulse waves iii, 3 and (C).

Given the strength of the resistance level 71.15 and the overbought daily Stochastic, Ebay will likely fall further to the next support level 69.00.