Analysis for EBAY
RSI is steadily increasing with a third bottom point revealed
This RSI bottom point correlates with price bottom point along the strongest trend line
Bullish
Market just finished 1-5 Elliot Wave Theory downwards and started an ABC correction, we are waiting for the last correction wave to complete which we are forecasting to end in around $50 making it a flat ABC correction.
Entry: 50
Invalidation: 48.54
Target: 60.62
