eBay Inc.

EBAY: Tricky Situation On EBAY

790
As we can see the price is creating a type of "Rising Wedge" pattern. Strong resistance is coming from the upper trend line near the $67.42 area, which could push the lower price close to $58. A break out of the price above the pattern would confirm a stronger bullish momentum with targets as below:

Targets:
$73.73
$79.97
$84.71

Thank you and Good Luck!

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