EBAY: ⬇️ Sell
– EBAY broke support zone
– Likely to fall to support level 80.00
EBAY today opened with the sharp downward gap which broke the support zone between the support level 87.00 (which stopped multiple downward corrections from September) and the 50% Fibonacci correction of the upward impulse from June.
The breakout of this support zone accelerated the active intermediate ABC correction from the key resistance level 101.00.
EBAY can be expected to fall further toward the next support level 80.00 (former resistance from June).
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