Updated

EBAY heads up into $66: first of 3 targets for swing trade

Followup to Idea calling for $ 50-66 swing (click).

EBAY is pushing towards our 1st major target.
Above are 2 overshoot targets in case of break.
This is a good spot to start booking some profits.

Chart is 3-day tf, so it will move in a couple days.
$ 65.91 - 66.16 is the near term resistance zone.
$ 67.25 - 69.87 might serve as overshoot targets.

Previous plot:

EBAY eyes on $50.60: break should run to $66, then re-evaluate

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Note

Zoom IN (m1)

Perfect Pings on the Golden Genesis fib and Covid Fib.
Subsequent bear Pings were likely to start a pullback.
First possible support is at $64.71, a minor but key fib.

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Trade active

Followup to last snap above:

First support HELD

And that was on a down day for the market.
So this has strength, likely we go higher.

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Note

BOOM (followup to last snapshot above)

Strong bounce as expected in last update.
We have chewed thru the key resistance.

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Looking above:

$67.37 is our next target to look for.
$65.91 below a good place for SL now.

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag