eBay suffers from negative pressures - Analysis - 20-09-2018

Economies.com
2018-09-20 14:54PM UTC

eBay's stock moved alongside the downward correctional short-term trend line as shown in the attached chart, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI. 

 

Therefore we expect the stock to decline and targeting the support of 33.25 anew, as long as the resistance of 36.49 holds on. 

 

Expected trend for today: Bearish 

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