EBAY analysisOverall, $EBAY is bullish.
- Rejecting the .618 fib
- Oversold in the MFI
Trapped in a channel
For day traders, buy now and TP at $51.40-$52 (Double Top formation)
For swing traders, buy now and hold through the "double top" sell off that might happen
OR wait for price to come down to $46.50 which is our BEST buying area
I think that since we are so low in the channel, buying in this area is good.