EBAY: Ideal Short Setup and DistributionMomo slowing as distribution begins. Ideal entry is around 55, with short target between 53 and 52 contingent on downward momo and retest of leg start
EBA trade ideas
Large option rollout today @sm44 chart requestMildly bearish here. I think we might hit upper trendline and retreat. Current option player either hedging or not. Weekly RSI is waning (but divergences works themselves out over time). Watch that 56 level. ER Jan 22.
EBAYEBAY will be interesting to watch this week, each time it has bounced off the trending box the MACD has moved lower. Being a holiday week we may have to wait until next week to see if the bulls or bears are going to win, either way remain flexible. Enjoy the Holidays
Daily - Channel Price action with a little bit of Fib Daily - Channel Price action with a little bit of Fib and bounce price points
Ebay experiencing longer term distributionEbay has been trading flat since late 2012. We have seen weeks price move much more easily in declines and then struggle to regain that ground. Volume has also peaked on these declines showing more conviction on the downside. This is opposed to the previous flat trading period from late 2011 to mid 2012 which saw more volume on positive weeks. In the current distributive pattern, we can even see that the selling is hitting the market at lower and lower prices as institutions are increasingly eager to get out.
Ebay - At buy zoneEbay has been trading in a wide rectangle for almost a year. The 50 dollar level is very significant as outlined, the stock always finding buyers there.
The MACD lines looked really messy, without any pattern, or at least i couldn't figure it out. No pattern in volume either for my eyes (rookie eyes!!!). Therefore, I plotted only the MACD histogram which looks really nice, with many bullish divergences when the stock was at the buy zone.
At the present time, a bullish divergence is taking shape. A reverseal candle (like in the past) would be the next signal. A move up after that candle would be the kick off of a rally.
A strong close below this buy zone would close this trade and would make me aware of the short side.
Ruby on Ebay / $EBAY / #tradingviewVery fast Ruby markings on this short. What I am seeing are very clean entries and significant moves; then as Ruby goes into Ruby's Wallet phase, the reversal happens very fast and has unsettling hits on stops, yet the entry holds during the retracement. Sincerely, Beauty
Ebay support resistanceBuy on support
sell around resistance
buy between 50/52$
SL: 49,40
TP:56,-
Feedback will be appreciated
EBAY - Workin' hard to rally? Technicals sure point to a rally.$EBAY has been getting beat up along with the rest of the market...but technicals tell us things might be looking up.
- If you look at the stoch, we just had a cross over - which signals an entry point.. but we need more confirmation.
- RSI is trending up. Good sign
- Waiting for MACD to cross the signal line, which will then confirm the pattern
* Overall, we can see from the Stoch, that EBAY tends to rally after a stint being oversold. This might prove to be a great entry. I'd suggest to wait it out until some of the Syria static works itself out.
Going to wait until the MACD crosses the signal line and will enter in with a call - probably November.
BUY EBAY SOON!!!EBAY has been trading in a nice box range between 49.38 and 58. The MACD has done a very nice job at predicting the next move and EBAY is now near the bottom of this range. If you trust this range you could buy now or if you want to play it safer, wait for either a breakout over the resistance line or for the blue MACD line to cross over the orange line. HAPPY TRADING!!!
