EBA trade ideas
EBAY: Buy it Now?EBAY stock is in trouble technically
There is a potential that it could be setting up for a major down move that retraces a lot if its all time gains
Fundamentals- a few years ago they reshaped their business model and tried to refocus on what they do best- helping people sell stuff
Unfortunately that hasnt worked out too well and their competitors (Amazon, ETSY, etc- anybody else who helps people sell their stuff) have chipped away at their market share.
So in a nutshell I would say DO NOT "Buy it Now"- Buy It Later... because it will be much cheaper
EBAY - Recovery StructureThis I would call an inverted H&S
A recovery structure has ensued from the previous drop on EBAY
This is still what I would call bullish on many timeframes
EBAY - Falling Trend Channel [MID TERM]- EBAY is in a falling trend channel in the medium long term.
- EBAY has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 45.27.
- Further rise to 61.20 or more is signaled.
- EBAY is testing resistance at 47.00.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
EBAY: Inverted Head and Shoulders at S/R ZoneEbay after making a 0.786 retrace has bounced back into a Support/Resistance zone and has formed an Inverted Head and Shoulders while doing so.
Is $EBAY Completing a Bearish Head and Shoulders Top?Is NASDAQ:EBAY Completing a Bearish Head and Shoulders Top?
The monthly chart is pretty close to completing the right shoulder in what looks to be a bearish Head and Shoulders formation.
Measuring from the top of the head down to the neck line would put the price target down to $3.00 and change.
It will be interesting to continue to watch what the 14 RSI does as it approaches 50, which is usually a resistance point in downtrends.
Hard to say if it will go that low, or if the right shoulder will even complete the bear flag it is in the middle of right now.
EBAY Stock Chart Fibonacci Analysis 041323 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 43.3/61.80%
eBay showing bottom of the current swing
eBay showing bottom of the current swing, may be we should buy if it stays green for another day
My 2 cents on eBay It's technically a quite bullish chart. The price has established an higher low, has broken above the 30's SMA and has broken the descending trendline, re-tested it and now it seems like we're in the game. ;)
Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
EBAY Options Ahead of EarningsI wonder who is still using Ebay?! I used to have a store there and close it because of their high fees.
If you haven`t sold EBAY here, on the active buyers decline:
Then you should know that looking at the EBAY options chain ahead of earnings , I would buy the $47.5 strike price Puts with
2023-7-21 expiration date for about
$3.70 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if EBAY keeps going lower.
Looking forward to read your opinion about it.
eBay monthly log chartOnly a solid monthly close above 50$ overrides this doomsday chart for eBay
#nasdaq #amazon #ebay #arkk #tesla
EBAY - Why Can It Rise Again?EBAY - Why Can It Rise Again?
EBAY - Why can it rise again?
As we have seen in previous quarters, EBAY has reported very good earnings data. Every time above expectations.
On February 22, 2023, EBAY is due to report earnings again.
On the chart, we can also see that the price broke out of a strong structure area adding more value to the bullish move.
Considering that everyone will anticipate the Earnings Report but also
the dividend day which will be at the end of the month we can assume that more liquidity will join the EBAY stock over the next few days.
PS: Be careful as history is showing that on dividend day the price started a bearish move and I don't think you want to get stuck there...
Thanks and good luck!
ebay 2 scenariosebay 2 scenarios .. 1] buy above support 1 and follow the uptrend channel .. 2] sell after the break under the support 1
Inverse head and shoulders EBAYLooks like a potential bullish move on EBAY could be happening soon if the price breaks above and retests the neck line of this head and shoulders.
EBAY daily. continuation of price move?EBAY breakout of the symmetrical triangle which was inside of the down channel is bullish. Breakout was on bigger volume and was also breakout through BigRed 200 days MA which is also very bullish, and now is forming high base formation just right after its breakout.
Friday's price action wasn't confirmed with volume as it was below 20 days average.
It is above all major MA which is bullish.
RSI is neutral.
MACD histogram is ticking lower but the MACD line is still above the signal line which is bullish.
Overall: EBAY after such a strong move above the trend line and BigRed EBAY deserves to be on the watchlist. In the case of its breakout of the high base, long trade would be triggered above a small red dotted line or high from 18 Jan. The initial target would be around 50.80 which was the last high. The ideal situation would be for eBay to consolidate on these levels for a few more days on lower volume and then break out strong.
Drop below the trendline and BigRed would cancel the possibility of a long trade.
$EBAY 3 drives / IH&SWe have broken the downsloping supply line here on EBAY, whether you want to look at this as a 3 drives or an inverse head and shoulders, the targets would be similar. Another one with clear divergence, rising momentum and volatility.
EBAY D3 - one to keep on watchlist “Discipline is only difficult when you look at it as something unenjoyable. When you re-frame cutting losses and celebrate avoiding a large loss and freeing up capital for a better trade, suddenly having discipline becomes second nature and being undisciplined becomes painful.” ~Mark Minervini~
EBAY Breaking Out Of Down Trend Ebay is breaking through its down trend and starting to show signs of retesting the trend. Rainbow Theory notes to keep your eyes on:
-Pivot Support
-Channel Walker Resistance Broken
-Candle Color Rotation
Let us know what you think!
Ebay Cup and HandleClassic cup and handle formation, we're in the handle right now, patiently waiting for a break to the upside. This is one of the few charts with a strong bullish set up, news of some sort coming?
$EBAY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $EBAY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 80%.
eBay downtrend still ONebay continues to look strongly bearish after bouncing off the resistance and the top of the descending channel.
Ebay great risk/reward opportunityPrice is retesting the broken support now resistance. I don't think is going to break it through. I just bought some puts expiring on dic 16. Let's how it plays out.
