eBay Pulls Back Following SurgeeBay Inc.BATS:EBAYTradeStationeBay rallied to new record highs in April and May. Now some traders may see an opportunity as the e-commerce stock pulls back. The first pattern on today’s chart is the 2025 high of $101.15. EBAY passed through that resistance and has stayed above it, which may be consistent with the initial stages of a breakout. Second is the May 6 low of $104.60. Prices have remained above that level, including a bounce this week. Is new support in place above old peaks? Third, the 50-day simple moving average (SMA) is above the 100-day SMA. Both are above the 200-day SMA. That alignment, with faster SMAs above slower ones, could suggest that a longer-term uptrend has begun. Finally, the news flow has grown interesting. Earnings and revenue beat estimates on April 29. GameStop made an unsolicited takeover offer on May 4 (which was rejected). Consumer trends have also shown signs of improvement, highlighted by today’s upward revision in consumer sentiment. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. Learn more here about TradingView’s Broker of the Year! Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions. Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.