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Ebay: ⬆️ Buy
– Barclays reversed from key support level 87.00
– Likely to rise to resistance level 94.20
Ebay recently reversed from the support area between the key support level 87.00 (lower boundary of the sideways price range from August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June.
The upward reversal from this support area created daily Japanese candlesticks reversal pattern Hammer.
Given the clear daily uptrend, Ebay can be expected to rise to the next resistance level 94.20 (which stopped earlier waves a and B).
Source: https://fxpro.news
