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Ebay: ⬇️ Sell
– Ebay reversed from the resistance area
– Likely to fall to support level 66.00
Ebay recently reversed down from the resistance area between the key resistance level 71.15 (which has been reversing the price from January) and the upper daily Bollinger Band.
The downward reversal from this resistance area stopped the previous impulse wave 3 of the higher order impulse wave (C) from November.
Given the strength of the resistance level 71.15 and the bearish divergence on the daily Stochastic, Ebay can be expected to fall to the next support level 66.00.
Source: https://fxpro.news
