eBay dominated by descending correctional wave - Analysis - 15-11-2017

eBay's stock (EBAY) fell in the intraday levels, recording a loss of 1.76% in the last session, or 0.63 points, while getting hurt by piercing the main upward medium-term trend line, with negative pressure from the 50-day SMA, coupled with negative signals from the Relative Strength Index. 

Therefore we expect more losses for the stock, targeting the support of 33.19, as long as the resistance of 36.35 holds on.