eBay Stock Could Soon Hit 3-Year Highs

E-commerce giant eBay Inc (NASDAQ:EBAY) has been trading choppily since its Feb. 26 three-year peak of $71.61, recently consolidating around the $65 level. The shares could soon push above that high, however, if history is any indicator. Per Schaeffer's Senior Quantitative Analyst Rocky White, EBAY has recently pulled back to its 126-day moving average, which represents half a years worth of trading. Specifically, the stock is within 0.75 of the trendline's average true range's (ATR), or 20-day ATR, for the ...