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EuroMotif
Mar 7, 2024 10:26 PM

EBAY eyes on $50.60: break should run to $66, then re-evaluate  

eBay Inc.NASDAQ

Description

EBAY poised for breakout from double-fib resistance.
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.

$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.

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