eBay Inc.s stock price (EBAY) declined in latest intraday trading, as the stock attempts to gather positive momentum that may help it recover and rise anew. This drop comes while leaning on the support of a short-term rising trend line, supported by ongoing trading above the 50-day SMA and positive signals streaming from the Stochastic.

Therefore we expect the stock to rise in upcoming trading, as long as the support of $72.85 holds on, targeting the pivotal resistance of $79.85.

Todays price forecast: Bullish