EBAY - Time 2 Buy!!!Time to write a call credit spread and/or write covered call option, for an easy $4 profit very soon. Nice harmonic pattern, can't get any better.
EBA trade ideas
Ebay: Another company Amazon will put out of businessIt is no secret that Amazon has taken the world by storm in the past few years as its market cap nears the unbelievable 1 trillion mark. Amazon now provides a service for nearly every demand you can think of. Food, retail products, shipping, a place to sell your goods/services, cloud services, etc. In the next few years, Amazon will probably increase its user base and put smaller companies out of business, such as Blue Apron, Barnes and Noble and Ebay.
Ebay is a great fundamental short. In the next few years, their annual revenue will decrease as they begin to lose money, inevitably going bankrupt due to Amazon's dominance. Technically, the chart tells the same story. Ebay recently announced terrible earnings, causing the stock to gap down hard. It has now fallen below all significant moving averages. The 50 day moving average (yellow line) also crossed below the 200 day moving average (blue line), a very bearish sign known as a death cross.
Due to the drastic recent decline, Ebay could be in for a short term bounce, but will continue to fall in the near and long term. I recently picked up Ebay puts with a break even price of $30 that expire January 18th. I would be astonished if they are not deep in the money by that time.
Will EBAY see a bounce?NASDAQ:EBAY has fallen around 10% since its earnings report. This gives us this opportunity to swing trade this stock for a quick profit. I will currently open 1/2 of my desired position at 34 in case it falls some more, my second entry would be below 33.
ebay - short price dropFrom chart & technical analysis seems that the eBay stock price it is finding a correct average price. Price reversed the up; therefore there is this short price drop.
Target to 35.
EBAY ..SHORT TERM SWING - LONGBASED ON CHANNEL STILL DOWNTREND IN TF H4
PRICE EXPECTED TO MAKE NEW LOWER HIGH (LH) AT FIBO 61.8% AT RESISTANCE CHANNEL.
EBAY shares Buy IdeaEBAY shares Buy Idea @Monthly Demand Zone (38.06 - 34.33)
Buy Limit: 38.01
Stop Loss: 33.20
Take Profit: 45.51
A trader need a trend for make moneyThis stock is in a clear trend and even 2 months ago broke a resistance level above 40.00 with a overnight gap that was filled completely
and the gap is now working like a support (look the daily chart)
www.tradingview.com
Now there are a price consolidation above the 40.00 level, wait a pullback for a better entry price. This kind of idea need to be watched daily to pull the trigger in the best moment
From my point of view the price need more weeks for consolidate in my case I need that the price come close to the red line of my moving averages, the decision for entry is not based in a mechanical signal given by an oscillator the entry is manual based in price action for example a retracement around 41.10 or with limit orders or whatever that use the trader who follow the idea.
SHORT ON EBAY!We've got a short on Ebay guys!
I believe that once prices have penetrated the 41.00 region we could see a potential bearish pull down to the 37.00 Region or even lower!
Let's see how things turn out!
TP: 37.00
Gap Fill, Support BounceLook for entry on way up. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful.
---Ideas are not investment advice
EBAY Breaking out Range Pre-marketStill looks like considerable upside potential in EBAY today. Going to let it ride.
Well SupportedThe attempt to fall below the MA failed. Thus the current level has been confirmed and an other rise is possible from here.
Signs of WeaknessHi guys. Here's another idea for the brave hearts. Humbly posted for public viewing and judgement. Have a nice day.
EBAY - Stochastic divergence on trend line supportEBAY has stochastic divergence on trend line support.
Look for it to make a move back into the rising channel.
Buy: 35.21 - 35.45
Target: 35.99 - 37.24 (2.22% - 5.77%)
jbzstocks.com
@jbzstocks
Long Ebay @ WK Demand AreaPrice on EBAY has retraced to WK D area, 3M, MN and WK TL are all up so long is valid. Targeting 41-42.
$EBAY Long PossibilityDemand Zone
Gap Down potential filling
Stop below this box
Target 7-8% gain
Risk 2.5%
