Based on Technicals, Ebay Target 48-46. Option PutRecently hearing news of hedging position of EBAY was something I didn't hesitate to close out last week after I noticed it started to putter out of its uptrend I had hoped for it to catch on from a 5% dip from 53 towards 48-47. I expect higher prices but nothing higher than 52.50 where I'll buy 2 week expiration puts for 48. I don't expect price to fall past there as of right now I just notice the past few trading sessions its been showing greater weakness. Looking to close the position shortly above 40%+