Ebay: ⬆️ Buy
– Ebay reversed from support zone
– Likely to rise to resistance level 109.0
Ebay recently reversed down from the support zone located between the key round support level 100.00 (which stopped earlier sharp correction 2) and the lower daily Bollinger Band.
This support zone was strengthened by the 50% Fibonacci correction of the upward impulse from February.
Given the clear daily uptrend, Ebay can be expected to rise further to the next resistance level 109.0 (which reversed the price at the start of this month).