$EBAY
To remain bullish, we would like to see $Ebay hold a daily candle over $49
Over the weekend news came out with the following headline:
"eBay sellers told Martin Luther King memorabilia is 'offensive' after new policy is introduced
The auction site wiped thousands of 'inoffensive' items overnight after banning items that further racial stereotypes"
Articles were published today so it will be interesting to see how Wall Street reacts Monday morning.
Ebay is also one of those companies that has moved on towards all time highs. Possibly because people have nothing to do right now other than sit at home and buy and sell their own goods?
If $49 does not hold and the markets continue to drop, support looks like it can be found around $43.
To remain bullish, we would like to see $Ebay hold a daily candle over $49
Over the weekend news came out with the following headline:
"eBay sellers told Martin Luther King memorabilia is 'offensive' after new policy is introduced
The auction site wiped thousands of 'inoffensive' items overnight after banning items that further racial stereotypes"
Articles were published today so it will be interesting to see how Wall Street reacts Monday morning.
Ebay is also one of those companies that has moved on towards all time highs. Possibly because people have nothing to do right now other than sit at home and buy and sell their own goods?
If $49 does not hold and the markets continue to drop, support looks like it can be found around $43.