Use advanced tools to confirm the Descending Triangle on EBAY before you trade.
Bearish continuation pattern.
Reversal pattern. Price likely to break upwards.
Consolidation. Can break either way.
EBAY is showing interesting structural developments at $109.39. With a last close of $109.39, volatility remains active (0.06%). Algorithmically, a Descending Triangle structure has completed. The trend indicator is reading 22.8/100, suggesting moderate momentum. A potential breakout level is identified at $104.88, targeting $91.63 with support near $118.13 (R:R 1.0).
What is your outlook on EBAY?