eBay readies to pierce pivotal support - Analysis - 24-03-2020

eBay's stock tumbled 4.5% in the last session, leaning on the pivotal support of 26.15 amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI. 

Therefore we expect more losses for the stock, targeting the support of 23.20. 

Expected trend for today: Bearish