Ebay: ⬆️ Buy

– Ebay reversed from support area

– Likely to rise to resistance level 90.00

Ebay recently reversed from the support area between the round support level 80.00 (former monthly high from June), lower weekly Bollinger band and the 50% Fibonacci correction of the upward impulse from April.

The upward reversal from this support area stopped the previous medium-term ABC correction (2).

Given the clear daily uptrend, Ebay can be expected to rise further in the active impulse wave (3) to the next resistance level 90.00.