Use advanced tools to confirm the Bullish Flag on EBAY before you trade.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
A clear signal has emerged for eBay Inc. (EBAY) on the daily chart. The stock is trading at $94.14, up 1.08% on the day. Price action has carved out a classic Bullish Flag. Volume is average (0.72x avg) with moderate trend strength (16.8). A potential breakout level is identified at $95.18, targeting $115.05 with support near $87.2 (R:R 2.49).
What is your outlook on EBAY?