Shares of online commerce company eBay Inc. resumed their long-term upward trend, rising for a fourth straight month. During this time, quotes reversed from 59.38 (Murrey level [3/8]) and consolidated at 75.00 (Murrey level [8/8]), and further upward dynamics are possible to the targets of 81.25 (Murrey level [+2/8]) and 84.38 (Murrey level [+2/8], H4).

On the four-hour chart, the instrument is holding at 77.59, while under the key resistance level of 79.87, one can identify the construction of reversal patterns of candlestick analysis Bearish Engulfing and Hanging Man, signaling the achievement of the area of high prices and warning of a probable change in trend to a downward one.