EBA trade ideas
EBAY Short!EBAY INC. is part of a very strong downtrend. Traders might consider only trading short (short) positions as long as price remains well below $ 54.21. The next support at 51.41 USD stands as the next bearish target to hit. A bearish breakout of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 48.62 USD. Below that support sellers could then aim for 46.19 USD. In the current configuration, it will be advisable to watch for possible bearish excesses that could lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter a position in the direction of the downtrend. It may seem risky to seek to profit by purchasing these possible corrections.
EBAY ReversalEbay is at 200 SMA and trendline support and is looking to bounce up and moon.
Long Shares at trendline support and 200 SMA around $53 for 57.5, 59 and 65+ .
Cup and HandleMid cup 53.21 and cup low is 45.36
Cup depth 15.70
Targets calculated using cup depth using fib levels and then adding them to long entry level which is a bit above the actual cup high..
Not a recommendation
Market up and down as of late. Try hard to not feel the FOMO (fear of missing out) (o:
EBAY - 4TH WAVE CORRECTION OVER SOON?Ebay looks to be completing a zigzag correction for a 4th wave. Target for the bottom are highlighted by the blue box, in between the 0.441 and 0.5 fib retrace levels. It is important to note that at the 0.5 fib retrace we also have the 1.618 fib extension on the abc at the same price so that is a pretty strong support level.
EBAY 2/24Looking for wave 4 to finish this week at .382 or .5 for a 5th wave up to a price target of $70 by mid april
Ebay Next Move 72NASDAQ:EBAY Ebay breakout from its resistance. Buying price 60.10, PT: 71.97 with Stoploss 56.95.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
EBAY LongEBAY 1-3 Week Horizon
Price has been on a bull run for the past few months. It first created bearish channel (blue) and a new bullish channel (green). It broke the bearish channel (blue), retested it and gapped up. It gapped up enough to break bullish channel (green) . It is now forming a bull flag just above the bullish channel (green) and it might retest channel boundary (like it did on last channel) and move up more.
The buy zone has a confluence of 60.68 key support, 21ema (blue), bullish channel (green) boundary, and 38.20% fib. In my opinion, a good buy zone. Stop loss at 59.79 (-2%, just below key support and 21ema) and target1 at 67.38 (10%) a good 5:1 risk reward ratio.
Disclaimer
I am not a registered investment professional. These are just my opinion and not an investment advise or recommendation. For entertainment purposes only.
EBAY, watch for break of this pennant for continuationEBAY beat earnings and made a move up. Expecting it to continue higher with a break of this pennant.
$EBAY | Triangle Consolidation After Daily Bull Flag Breakout $EBAY formed a bullish triangle after breaking out of a large daily bull flag. Watch for a breakout for continuation higher. See my previous $EBAY ideas below.
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Long EbayBowl formation with recent breakout and confirmation. We are now in price discovery with price target at $77/share.
$EBAY Bullish trend$EBAY broke out the downtrend line. The earning report was good and the target is $70. But first it need to be cool down a little.
Ebay is ready for a new bull runNASDAQ:EBAY is breaking out and heading higher, targets are shown on the chart. I think this stock is cheap and deserves a considerably higher price. Stop around 44$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
EBAY WEEKLY -- $80 TARGETPretty simple trade--Solid earnings release / breakout from triangle. Measured move / Fib levels put us around $80 mid-2021. Always use stops!
$EBAY | Daily Bull Flag Breakout [Earnings Today After Close!]Ebay broke out of a daily bull flag and looks ready for continuation higher.
Earnings report is today after market close so longs are risky.
Goodluck!
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
