eBay is dropping as expected after a very strong bullish move. eBay stock forecast for 2020 is bullish, but we expect a bearish correction down to $34 per share. Will it drop to that strong demand imbalance? I don’t know, but that’s what eBay’s stock price is expected to do in the forthcoming weeks.
Take a look at the stock price technical analysis on the monthly timeframe. There is a lot of room for a bearish correction on this stock. Longs will be possible again down there, around $34 per share.
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