American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

eBay gathers positive momentum - Analysis - 21-01-2021

Economies.com
2021-01-21 07:50AM UTC

eBay's stock fell in the last session while gathering momentum to help it recoup as it vents off overbought saturation from the RSI, and amid the dominance of the main upward trend in the medium term, with positive pressure from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the next resistance at 58.35. 

 

Expected trend for today: Bullish 

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