eBay tackles pivotal resistance anew - Analysis - 23-06-2021

Economies.com
2021-06-23 11:36AM UTC

eBay's stock advanced 0.76% in the last session, tackling the pivotal resistance of 64.75 anew amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while a positive divergence forms in the RSI after reaching oversold levels compared to the stock's movements. 

 

Therefore we expect more gains for the stock, targeting the resistance of 68.25, provided the resistance of 64.75 was breached. 

 

Expected trend for today: Bullish 

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