EBAY
EBAY - Bullish Broadening WedgeLooking for eBay to flip that SR line, and jump up to the top of the wedge. Ebay reports earnings 10.28. A solid beat on earnings could propel eBay into a breakout pattern out of this wedge, flipping the top of the wedge to a resistance to a new support.
Buy at support, sell at resistance right? Great support at the 54 level
Really great Reward to Risk trade.
Possibility of some sort of wedge forming in the next month or the stock can just trade sideways.
Good technicals to buy low and sell high. Forget the noise, don't overthink
Sold off 9% in the past 2 days, a small rally should be expected.
EBAY VS AMZNA very simple and clear chart above, from which you can see a 89% correlation between NASDAQ:EBAY and NASDAQ:AMZN .
The built-in CC is used over a month period to look at possible correlation between the two, and well just as I expected. The future is online shopping.
Do with this info as you see fit, and hit like if you found this interesting !
Best Regards, Ev
EBAY - 22.14% Potential Profit - Corridor BreakoutCorridor Breakout out of a 1-month price correction.
Target price set at resistance line bounce.
- Strong Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $57.91
Suggested Stop Loss $56.88
Target price $70.80
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Ebay $61.29 buy point. Pref on High Vol.Ebay is forming a cup. It has all the right CAN SLIM traits. So my entry is $0.10 above the line at 61.19.
Entry $61.29
Stop loss 7%
Take profit 10-15%
I think it goes without saying, but do your own due diligence before investing or trading.
eBay GRAVITY CENTER FOR LONG TERM VIEW & FORECASTIn this analysis i present my point of view for eBay stock based on the price action toward the trendline,
We can state clearly that the market is overbought
Please share with me your thoughts
Regards
eBay Long Break to All Time Highs Through QQQ Dip Bear Trap $47QQQ are dipping from profit taking. Don't let NASDAQ fool you into a bear trap. eBay will soon break to all new highs like all the old school goodies that have survived the tech bubble.
eBay may collapse in the next days The butterfly can tell us that the end of the uptrend is done with success and now there is a huge probability that the market will go down for an important while
Ebay Bull Pennant Working on breakoutWatch Ebay for a breakout with an entry on a quick pull back retest or above the hammer of 4 days ago.
eBay - Shooting Star Signal - SELL !The Shooting Star Signal along with selling volumes implies a price reversal.
The fact that this formation is on weekly basis, makes it even more likely.
$EBAY$EBAY
To remain bullish, we would like to see $Ebay hold a daily candle over $49
Over the weekend news came out with the following headline:
"eBay sellers told Martin Luther King memorabilia is 'offensive' after new policy is introduced
The auction site wiped thousands of 'inoffensive' items overnight after banning items that further racial stereotypes"
Articles were published today so it will be interesting to see how Wall Street reacts Monday morning.
Ebay is also one of those companies that has moved on towards all time highs. Possibly because people have nothing to do right now other than sit at home and buy and sell their own goods?
If $49 does not hold and the markets continue to drop, support looks like it can be found around $43.
Tha's how i Played it, What would be the best re-entry?Where would you get in again or where would you start shorting?
What do you guys think about this trade?Would you exit straight away?
Is it a bad set up?
Bad entry?
Bad stop loss level?
Bad take profit level?
Whats your opinion?
