eBay tries to shake off negative pressure - Analysis - 12-03-2021

eBay's stock rose 1.63% in the last session while trading alongside the main upward medium-term trend line, with positive signals from the RSI, while shaking off negative pressure from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 61.00, provided the support of 54.00 holds on.

Expected trend for today: Bullish