eBay readies to tackle current resistance - Analysis - 29-06-2020

eBay's stock rose in the intraday levels amid the dominance of the main upward short-term trend, with support from the 50-day SMA while tackling the resistance of 51.80, with positive signals from the RSI despite reaching overbought levels. 

Therefore we expect more gains for the stock, targeting the resistance of 54.90, provided the resistance of 51.80 was breached first. 

Expected trend for today: Bullish