eBay Inc. (EBAY) traded in a sideways consolidation pattern for the majority of Friday's trading session. The stock showed resistance at 30.40, and support at 30.20 with a few quick dips to 30.15 and 30.10.

I will be watching for a breakthrough either the support or resistance levels.  The break must meet our time expectations, it cannot be a quick move outside of the sideways pattern as we saw on several occasions Friday. A move outside of the pattern combined with a few other technical indicators will give us a good idea as to EBAY's continued direction.

Intercontinental Exchange Inc. (ICE) has seen some rough days since the middle of May. The stock recently found support just above 44 and has since moved above 50. Will the stock continue to move higher, or is this just a quick bounce? RSI levels are still near the over sold end of the spectrum. The stock now has double support levels at 48 and 44. A quick glance at the technicals favors a move higher from here.

Andy Swan is co-founder and head trader for DaytradeTeam.com.  To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.