EBA trade ideas
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.
Bull FlagPossible Targets 2 68 72
Targets 2 usually occur after a pullback. Many sell at Targets 1, then re-enter after pull back is complete
Not a recommendation
EBAY new ATH? - I think so!!EBAY is overall in strong uptrend and had recently reached ATH of 61.06.. consolidated for a while and ready to fly again.. based on my chart analysis it is going to new ATH
Same Descending Triangle breakout, Same IH&S pattern, same RSI
My Price Targets and Stop Loss
PT1 - 63.96
PT2 - 64.47
PT3 - 66.24
PT4 - 68.73
SL - 54
Ebay: Formation of Continuation PatternEbay has been on great momentum..
currently has ongoing, healthy retracement at daily TF, forming descending channel.
Now is probably a waiting game.. A strong breakout from upper channel with strong volume will suggest very good long position..
Thank you.
Ebay possible reversal We're closing in on a possible break of short term downtrend. Volume steadily decreasing on the downside
EbayOn the watch. Above 20 MA and confirm can go higher. If it breaks below 53.50 lot more down side room
EBAY potential breakoutI bought 100 shares at the arrow I planted, I believe that Ebay has reached t's day low
Stop loss 54.99, I didn't give myself much lee-way.
News surrounding ebay isn't terrible, they have a potential to reach a new high
****ALSO, waving bullish flag pattern just under the arrow, we'll see what happens
Bull FlagI see a flag waving
Earnings in October
The digital economy and online marketplaces have certainly benefitted from Covid. It is like 2 groups of stocks out there right now. Good companies who do not benefit and good (and not so good) companies that do benefit. Ebay is one of the better considering the choices we have been given as of late
It makes for a difficult trading environment because news of a vaccine can make the old stocks that have been left in the dirt go up, and send some of the benefitters down quite a bit. Etsy comes to mind.
Ebay was in a rising wedge, a narrow one but definitely a narrowing rising wedge. This stock broke up and out of the wedge. Who knows if she will pull back to break the bottom trendline of the rising wedge? Has had quite a run. EBAY would have to dip down to 50ish to pierce that trendline
Not a recommendation/Just an observation
ebay inc daily analysisHi friends
the daily chart of this market shows that it will experience an uptrend but before entering as much as a buyer it is necessary to break the level of 59.27
also it is better to be vigilant of the change of this market towards the opposite direction
thank you for subscribing to have more analyzes
eBay has some great fundamental and technical reasons to go longFundamental Analysis:
Forward P/E 14.43 (Very bullish)
P/E 25.23
P/B 19.41 (High right now)
Debt/Eq 4.13
EPS this year +0.5%
EPS next year 8.25%
Sales Q/Q -1.6%
EPS Q/Q +12.70%
Please keep in mind earnings were just announced and analysts essentially nailed their projections right on the money.
Some things I really like here is that even with declining sales (keep in mind COVID was not aiding this Consumer Cyclical Internet Retailer)
ROA +24%
ROE +151.4%
Gross Margin +76.9%
Profit Margin +44.4%
-10.69% away from 52W High
Great price target is $57
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
Long EBAYThe upcoming ER could generate bullish run on EBAY.
See if it consolidates here in the stop zone and break out.
Factors as illustrated and should be adjusted once the trade is active.
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.
