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Lower Bollinger Band Walk appears for EBAY after 2.2% move
EBAY posted a 2.2% gain on Thursday, August 13th, accompanied by 0.8× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 103.04, 101.52 & 100.62, with resistance at 105.46, 106.36 & 107.88. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of EBAY: C
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