eBay (EBAY) – eBay Takes on Retail Giants – July 12th, 2019

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.

View EBAY Trade

Last Chance to Get Free Access

Get My Free Pass

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!