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EBAY

Ebay entry levelEbay is at an interesting time to buy it in the medium / long term. If you observe the previous circles, in the 2 previous occasions the candle has left a wick below the average of 200 periods, closing the candle above the average. There are 2 scenarios for me: 1- That it goes down to the green horizontal line that is the first monthly support. From there it goes up again until the first monthly resistance where it also made a double top. 2- Do not touch the horizontal green line, leaving a large wick and closing the candle above the average 200 periods. From there go up to the horizontal red line that is monthly resistance. If neither of the 2 scenarios is fulfilled, the SL is placed below the middle circle. If the operation goes well, it has a risk / reward ratio of 2.36
NASDAQ:EBAYLong
by scam2nft
Poised for a potential break-out on earnings todayeBay is a cheap e-commerce name that has spent years underperforming (for good reason). Now could be its time to make a significant break-out on the way to a re-rating. Its enterprise value has largely not moved in 10 years, as stock buybacks have gradually inflated the share price. 2021 is expected to return eBay to significant, mid-teens revenue growth. That, along with higher take rates thanks to managed payments and new initiatives like authenticating sneaker sales, could propel this stock higher. The key thing is that it doesn't need to do much to improve its dismal 13.8x forward P/E.
NASDAQ:EBAYLong
by UnknownUnicorn10152290
PYPL good buy pointThe blue trend line represents a covid-free bear trend that would result in PYPL being around the $220 level. This pandemic has shown us that online shopping is here to stay, and PayPal's stronghold on the industry will allow for much more growth 5-10 years. This being said, my chart represents my prediction that we will not be going back to normal any time soon, so I have a 4-6 month outlook on this. The $220 level will prove to be heavy support should it drop there (I don't think it will). I believe that PYPL has a good chance to make a run for $300, and if it cannot break resistance then you would be looking at a nice 10-20% return (buy positions...much more with options). Can also prove to be a good swing play, by hedging covid news. This stock will skyrocket with closures, and your other positions will spike with reopening news! Win win! Like if you agree, gimme a follow if you wanna see more of my work!
NASDAQ:PYPLLong
by kambach
3
Support and Resistance for SHOPThe dashed lInes repersent some weaker support and resistance where I expect some price reactivity. The solid lines are historical supports and I expect for rejection or larger moves to take place off of. Lows have been swept up last week with large volume which could be a combination of short covering or confident buyers adding to their position. This is significant because it shows that despite the markets downturn, there is still some bullish activity in the stock. This stock has a beta of 1.56 so it will be generally more prone to market volatility. After a worse than expected Earnings report coming in at .99 a share (1.24 expectation) the stock corrected from its pre earning run up. From here a full retrace to 1204 which was a generally accepted price between buyers and sellers is possible. There is also the possibility that price runs back up to the gap at 1322-1335, this could be a very reactive area. Sitting under the December highs I would say that there isn't much of a bull bear bias for this stock quite yet as the market corrects and with the bad earning's report. Note that while Shopify is a leader in it's category- companies like e-Bay, Amazon, and Walmart all offer integrated e-commerce. Furthermore BigCommerce now offers their sellers a chance to directly market and sell their products on the Walmart Marketplace which could be huge for the brand.
NYSE:SHOP
by crawfordpaul
2