The bullish DailyPlay we chose for Friday, July 12th is eBay (EBAY). EBAY is part of the Technology Sector (XLK). XLK has rallied 4.65% higher over the past month and its 1m and 6m trend turned bullish on June 7th and just broke above its $80 resistance level.

eBay’s 1m and 6m trend turned bullish on June 7th and recently bounced higher off its $39 support level. With a technical score of 9 (out of 10), EBAY is a strong stock that will likely continue higher.
As a stop loss, if EBAY was to trade below $39 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
Last Chance to Get Free Access

Last Chance to Get Free Access
Wealth365 Summit – Enhancing Your Equity Positions with Options – Wed 7/17 @ 10:00 AM EST –Get My Free Pass
Track DailyPlay Positions
Track open DailyPlay trades with Live P&L on all positions in our Portfolio tool!
Share this on