EBA trade ideas
$EBAY Bounces OffEbay has made a successful bounce at 0.618 fibonacci level but $36 level is still a resistance.
EBay: Channel Breakdown UnderwayE-commerce stock eBay reported earnings last week. The backward-looking results were ok, but forward guidance wasn't so hot. The resulting drop is creating some bearish chart patterns.
First, EBAY formed a tight channel between $34.50 and $36.60 since October. It's now breaking the bottom of that channel.
Second, the channel began on October 24, when EBAY gapped lower on weak guidance. Its recent drop on January 29 wasn't technically a gap (because there was some price overlap with the previous session). However, you have a gap down, consolidation and further downward pressure. The direction and high-volume price moves have been negative.
Third, EBAY has formed something of a head and shoulders since last March and April. That pattern follows a failed breakout attempt in early 2018. Nothing bullish in that.
Finally, EBAY has gone almost two years without making a new 52-week high, unlike the broader S&P 500 and Nasdaq-100 indexes. A steady lack of relative strength like that is also a sign of underlying weakness.
A year ago, EBAY had a bullish gap between $31.02 and $32.73. It may now come into play as a downside target. Given the market's recent fears, traders looking to get bearish may want to start with weaker names already under pressure. EBAY could fit that bill.
$EBAY Approaching important level of support. Good shorting opportunity if the support line is broken.
Or if we do find support, it will create a double bottom and increase the chance of a trend reversal.
Worth adding this to your watchlist.
EBAY better not disappoint
Gaps above and gaps below, bias is to fill the gap on the upside.
Possible ugly head &shoulders forming.
May give us a look into what is in store for AMAZON earnings.
EBAY, How do you like this?The price bounced from that Support/Resistance Zone several times.
Now it was stopped by zone after GAP.
Potential good Buy entry here.
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EBAY IDEA #20Los que quieran ver este antes envíenme un mensaje que brutal estuvo jeje.
MIS TRADES ACCIONES
Descending Triangle Move eBay Lower At Pre-MarketBased on the descending triangle pattern, eBay price has break below the bottom line pre-market at $36. This may fueled the downside move toward its minimum target of $33
$EBAY SHORT FROM 39.7 TARGETING 36.36 THEN LONG Indicators sowing positive signals but bearish candle on Thursday suggest back to confirm bottoms and support for long term up run
Ebay: Long term Buy Signal.Ebay is coming off a strong rebound last week on the 1D MA200. 1D is again gradually turning bullish (RSI = 50.474, ADX = 33.642, Highs/Lows = 0.3699, CCI = 102.4213) as it approaches the 1D MA50.
What is more interesting is that last time Ebay touched the 1D MA200 after a Golden Cross formation (took place last March) was in 2016/ 2017. The rebound was extended then to a new Higher High. Based on that we have turned bullish again on Ebay targeting 43.00.
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EBAY for week Oct 14Cruce positivo de MACD, con posible cruce de MAs rapidas en D. Precio apoyandose en 200EMA para dar posible continuacion.
Resultados de la implementacion de innovacionesEl mercado siempre será el juez de las acciones del CEO
Shorting EBAY sharesOn the H4 chart of EBAY, it seems that that the instrument has comleted its local 1-5 Elliott cycle and ready for ABC zigzag correction. In addition, we can see the AO indicator divergence in the 5th wave which a soling indication of the trend end. Going short using levels that are marked on the chart. What do you think?
EBAY - Sitting at Resistance - Pullback imminentAs the title suggests, EBay is currently retesting previous resistance. Due to being overbought, we feel this stock will fall to the downside and retest previous support
