Long EBAYGoing with the Squeeze ...
I have collected over the past few days within the high and low range of the 34 exponential moving average.
Targets are Fibonacci 1.272, 1.682 etc.
EBAY trade ideas
EBAY GOOD VOLUME This Weekly FORECAST
Opportunity for EBAY. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Can Two Tech Giants Rewrite the Rules of Digital Commerce?In a bold strategic maneuver that has captivated the financial markets, eBay and Meta have forged an unprecedented partnership that transcends traditional e-commerce boundaries. The collaboration, which sent eBay's stock soaring by 11%, represents more than just a business alliance—it signals a fundamental shift in how digital marketplaces might operate.
The timing of this partnership is particularly intriguing, coming in the wake of Meta's €798 million EU fine for alleged monopolistic practices. Rather than retreating, both companies have chosen to innovate, creating a model that could potentially satisfy regulatory concerns while expanding market opportunities. This adaptive response to regulatory challenges demonstrates how constraints can spark creative solutions in the tech industry.
The markets have responded enthusiastically to this marriage of social commerce and traditional e-commerce, with analysts predicting significant growth potential. eBay's strategic positioning of its niche offerings—from collectibles to luxury goods—combined with Facebook's massive user base creates a unique value proposition that could reshape consumer behavior and expectations. As the partnership unfolds across the United States, Germany, and France, it may well serve as a blueprint for future digital commerce evolution, challenging our understanding of market boundaries and competitive dynamics in the digital age.
EBAY Share Price Jumps Over 9% in a DayEBAY Share Price Jumps Over 9% in a Day
Yesterday, traders focused on:
→ labour market news, which showed a slight decrease in new unemployment claims;
→ comments from the Federal Reserve: Christopher Waller stated that inflation is expected to fall to the target rate of 2% in the medium term, and further monetary easing would be "appropriate".
However, these factors did not lead to significant changes in stock indices. The S&P 500 index (US SPX 500 mini on FXOpen) fell by 0.12% yesterday.
The major highlight was the surge in eBay Inc. (EBAY) shares, which rose by more than 9%. This was driven by Meta Platforms (META) announcing a test launch of a new feature that would allow users in the US, France, and Germany to browse eBay products on Facebook Marketplace and complete transactions on eBay.
If the test proves successful, this feature could potentially drive a significant increase in eBay’s revenue due to a new influx of buyers.
Technical analysis of eBay’s (EBAY) share price chart shows that:
→ in early February 2024, following the release of a strong Q4 2023 report (marked by an arrow), the price began forming a stable upward channel (highlighted in blue);
→ on October 31, the price tested the lower boundary of the channel and rebounded sharply, indicating strong demand;
→ the $66 level acted as key resistance at the end of 2024, consolidating the share price around the median line;
→ following yesterday’s significant news, the price jumped to the upper boundary of the channel, briefly surpassing the psychological $70 mark.
It is possible that eBay's share price could face downward pressure near the upper boundary of the channel and the $70 level, as indicated by the long upper shadow on yesterday's candlestick. However, given the sustained upward trend and strong fundamentals, the outlook for 2025 remains optimistic.
According to TipRanks:
→ 10 out of 24 analysts recommend buying eBay shares;
→ the average 12-month price target for eBay shares is $64.36.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
eBay: Bearish Resolution AnticipatedThe EBAY stock has entered a consolidation phase below the resistance level at $67.79. This resistance currently serves as a trigger for our 33% likely alternative scenario, which would entail a new high of the beige wave alt. b. Primarily, however, we expect this level to remain unbroken as the price continues its current downward movement of the green wave , which should find its low below the support levels at $46.03 and $40.16.
eBay is the paradise of Chart Patterns🟢 eBay is the paradise of Chart Patterns
NASDAQ:EBAY is one of the best stocks if you regularly trade using chart patterns.
In the chart, you can see up to five different market patterns in just one year. This makes trading eBay quite predictable in terms of risk/return.
We are currently seeing the formation of a rising wedge, which can be very profitable for traders.
✅ What pattern is unfolding in eBay?
A rising wedge appeared under the previous high, which is very interesting for two reasons.
If the rising wedge breaks upwards, we could see the breakout of significant highs, giving the market a lot of momentum, similar to the rising wedge in August this year, which yielded up to 20% in profits.
On the other hand, being so close to the highs makes it plausible that the rising wedge could break in its usual direction, downwards, bringing the price near the previous lows and returning about 7% in a few days.
💰 How to trade this chart pattern?
A rising wedge pattern can break in either direction, so it's crucial to wait and see which way the price decides to go.
This type of pattern makes it much easier to follow a market trend.
🛡️ The risk management strategy
As we have done in so many previous ideas, remember you can split the position in 2. Let's explain a Sell if the patterns breaks down:
- 50% of the position in a take profits, at least, as large as your stop loss (adapt SL and this 1st TP to local supports/resistance levels). In this case, a 2% TP for 2% SL (using local supports as 1sst TP)
- 50% of the position to a price as large as the previous pattern, which would mean a profit of 7%.
✴️ ENJOY AND FOLLOW for more 😊
These 3 Steps Boost This Chart PatternThe rocket booster strategy has
a boost to it.And you need to know
this boost because it will help you
On your trading journey.Now if you
have played the cashflow board game
by the richdad company
Founded by Robert & Kim Kiyosaki
You will see that the best stocks
to buy are around $1 to $5
I want you to think of those
prices as margin leverage
meaning if you want to trade with
leverage do not use above x5
ideally do not use margin.
that is x1
Also you need to take profit
do not hold unless you
are investing then you
need to study the financial
statements
performance for the past 5 years.
and to do that you have to
pay for monthly service
for accurate data.
This article is about swing trading
with the aim to take profit.
So what is the rocket booster
strategy?
1.The price should be above the 50 EMA
2.The price should be above the 200 EMA
3.The price should gap up
That last step is very important because
you are buying the stock price
after a market crash.
So what is the boost to
to the rocket booster strategy
on this chart NASDAQ:EBAY ?
Is it the "spinning white top"
candle stick pattern.
Learn more about candlestick chart
patterns techniques by Steve Nissen
to boost this strategy
Rocket boost this content
to learn more.
Disclaimer:
Trading is risky please learn risk management
and profit-taking strategies
Because you will lose money wether you like it
or not
Also feel free to
use a simulation trading account
before you trade with real money.
Break and retest on EBAY! Big move incoming?🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
EBAY eyes on $50.60: break should run to $66, then re-evaluate EBAY poised for breakout from double-fib resistance.
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.
$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.
========================================================
EBAY heads up into $66: first of 3 targets for swing tradeFollowup 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 Long- Bulls Find Support and go higher week of 9/30-10/4 The eBay Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $63.84 and $60.04. A breakdown below any of these levels will issue sell signals.
Entry $65.50 to touch 68.75 as a quick buy move.
EBAY is about to hit 64 soon and may grow furtherEBAY is about to hit 64 soon and may grow further
During the end of May'24, Ebay broke out of a strong weekly structure zone found near $52.
The price has been above this are for about two months.
On Wednesday, July 30, '24, Ebay will report earnings, which could be one reason we could see the stock resume its uptrend again.
We should not forget that Ebay has been reporting positive data for a long time.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Ebay: Almost there!Ebay’s shares have made impressive strides since our last update, hitting a new local high not seen in over two years. We anticipate further upside potential as wave (5) in magenta continues and expect it to arrive in our green Target Zone between $63.90 and $71.50. Once this peak has been reached, we expect a strong sell-off. Thus, our Target Zone presents an opportunity to realize the profits of existing long positions. It also serves as a potential entry point for short trades, with a possible stop loss placed 1% above the Zone’s upper boundary.
EBay Seems UnstoppableEBay Seems Unstoppable
From our previous analysis, eBay has surged by nearly 14%.
What’s Next?
You can watch the video for further details.
Thank you!
EBAYOne of the biggest ECommerce Market
eBay stocks looking for a new daily high
Bullish flag
waiting for a breakout with high volume
Ebay to hit New Highs BUYA break-up at the top trend line at $59.17 indicates a stronger rate of rising. Based on 14 Day MA Ebay is to move between $57.75 and $60.25
eBay stock breaks out: eyes on key levels at $64 and $76eBay Inc. (EBAY) stock has recently broken out of its base pattern and is approaching key levels at $64 and $76. If the stock remains above $56, it indicates that the momentum could persist, potentially driving further gains.
eBay Elliott Wavehello friends
In eBay, we see the formation of a bullish pattern, which is at the end of the 5 of 3 wave.
Wave 5 of 3 is an ending triangle pattern and we expect the price to decrease in the majority of wave 4 of 5.
This price reduction can continue until the end of wave 4 of 3. To start this decline, we need to break the dynamic support that is drawn at the bottom of the 5x3 triangle.
So, after breaking this upward trend line and pulling back to it, you can enter the SELL trade.
The first goal is $48.5 and the second goal is $44.
Be successful and profitable.
To support me, I recommend you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.
EBAY Options Ahead of EarningsIf you haven`t bought EBAY before the breakout:
Now analyzing the options chain and the chart patterns of EBAY prior to the earnings report this week,
I would consider purchasing the 52usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $0.98.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
eBay: Knock... Knock...Ebay is trying to overcome the resistance line at $55.50. We expect it to succeed in doing so soon. We expect the high of the current wave b in beige and thus the end of the corrective rise well above this level. If, on the other hand, the stock now heads directly below the support at $46.03, we will have to assume that the wave alt. b in beige is already finished (probability: 37%).
Ebay previous resistance turn supportEbay previous resistance turn support
Overall up trend after breakout from log consolidation sit right above 200 wma with bulish engulfing candle
First Tp 58$
Second Tp 60$
Sl 52$
Not a financial advise
Dyor
EBAY: Up Trend & Rising Channel Key Points : NASDAQ:EBAY
Up trend
Rising Pattern
Short term up Trend is becoming weak.
A sideways trend may be seen.
