Shares of eBay Inc., an American online retailer, are correcting at 45.00.
On the daily chart, the price consolidated above the resistance line of the global downward channel with dynamic boundaries 44.00–33.00.
On the four-hour timeframe, the correction is developing within the Flag trend continuation pattern, and if the local high of 47.00 is broken, the growth may continue until the target resistance of 52.00 is reached.
Technical indicators are completing the correction and will probably strengthen the buy signal soon: fast EMAs on the Alligator indicator are above the signal line, and the AO oscillator histogram forms corrective bars in the buying zone.