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eBAY faces stiff resistance

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After disappointing quarterly results, the stock has managed to restructure upwards and approach important resistance zones.

Pro1 PREMIUM Portfolio

Resistances: $62, $64, $65.

Supports: $58.50, $55, $51.50, $50, $47, $45.

Targets: (Bullish) $62, $65, $72, $75 (Bearish) $52, $50, $47-45, $41.50.

Trend structure in eBAY:

  • Short term: Neutral-bullish.
  • Medium term: Bullish.
  • Long term: Bullish.

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