Ebay : ⬆️ Buy

– Ebay reversed from support level 87,50

– Likely to rise to resistance level 94.20

Ebay recently reversed up from the support area between the support level 87,50 (low of the previous wave A from the start of September) and the lower daily Bollinger Band.

The support level 87,50 was strengthened by the 50% Fibonacci correction of the previous sharp upward impulse 5 from June and by the support trendline from April.

Given the clear daily uptrend, Ebay can be expected to rise to the next resistance level 94.20 (which stopped earlier waves B and ii).