Ebay has been on great momentum..
currently has ongoing, healthy retracement at daily TF, forming descending channel.
Now is probably a waiting game.. A strong breakout from upper channel with strong volume will suggest very good long position..
Thank you.
There has been an aggressive selling of the stock for the past few days. The price now reaching toward the lower trendline channel on a daily chart.
Stochastic shows on oversold position.
Look for confirmation of price reversal at the support level and combine it with a golden crossover from stochastic which suggest a buying opportunity.
Otherwise the price...