EBA trade ideas
$EBAY possible short if continuesbreakdown of levels pt would be to the next but scaling out regardless
EBAY stock prices in the range of $ 80 and $ 104Leaving the wedge pattern formed in the chart, the price of this share will see its first target at $ 80 and its next target at $ 104.
Bullish EBAY to 70.00EBAY has room to grow, and with the addition of NFTs potentially on their marketplace, a new source of growth is there to be captured. EBAY has also been lagging the Nasdaq 100 index for the past 3 years.
3 year returns:
Nasdaq 100 +93.41%
EBAY +62.14%
Weekly reaccumulation for $EBAY PT: $176.61Wyckoff reaccumulation pattern.
-long term PT: $176.61
-PT calculation using point and figure horizontal count method
EBAY: Tricky Situation On EBAYAs we can see the price is creating a type of "Rising Wedge" pattern. Strong resistance is coming from the upper trend line near the $67.42 area, which could push the lower price close to $58. A break out of the price above the pattern would confirm a stronger bullish momentum with targets as below:
Targets:
$73.73
$79.97
$84.71
Thank you and Good Luck!
IRON TARIHi guys,
this all starts with a 4 weeks 10% strikes, with 60% probability to end ITM. But the premium is too low, so I narrow the short legs and I invert the condor, so my short legs are @55 and @66( 8% strikes), instead @54 and @67.50.
By this I raise my probability from 40% at at least 50%, keeping a very good RR ratio, in fact with this trade max credit is 75$, and max loss is 25$.
Subscribe for free to get access to my indicator.
Enjoy your wallet!
Tari.
EBAY is a sell short EBAY is a sell short right now. Although the stock is doing the Andrews' Pitchfork going up, there is a divergence on the MACD and the price. Stochastics are also showing that the uptrend could finish, also a triple top is forming. The target price i believe is $60 on June 20-23. A buy stop limit should be place at $68.
EBAY - 14.18% Potential ProfitGood risk / reward ratio on this trade.
Ascending Triangle breakout.
Betting on momentum to keep going past the news release of eBay releasing Bag Autenthicating service that could help the marketplace to tap into the second-hand luxury industry.
- Target Entry: $65.51
- Target Stop Loss: $63.81
- Target Exit: $75.08
- Risk / Reward Ratio: 5.63
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
Ebay Short Term View UPDATEThe Fibonacci Extensions at the top represent possible resistance points where profit taking may occur.
The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position.
The 50 and 100 Moving Averages should offer support in the short term.
Ebay is trading at a low Price/Earnings ratio of 15.
The current price level, though not an ideal entry point, still remains attractive.
EBAY BUY OR LONG , TARGET $80EBAY confirmed the " Round Bottom " pattern last week at the $62 price
zone, we will buy it here and target at $80, with the stop loss: 6%.
Ebay Uptrend (Exit and Entry)Ebay has generally been trending upwards for the last 10 years and is currently trading at a low Price/Earnings ratio of 15.
The 50 and 100 Moving Averages should offer support in the short term.
The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur.
The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position.
The current price level, though not an ideal entry point, still remains attractive.
EBAY, REVERSAL COMING!Hello fellow traders and investors, here's another trade idea.
EBAY has recently pulled back to the bottom of the channel and if it makes a recovery to the previous high it offers a 16% ROI.
Technicals:
The Macd indicates that it's still in a downtrend
The RSI indicates that it's oversold
The volume indicates that the selling volume is getting exhausted so we will most likely see a reversal coming.
When To Buy:
Now
When To Sell:
At the previous high.
Fundamentals: EBAY operates as a commerce company. The company platforms include the online marketplace and its localized counterparts. They have a P/E of 14.53, a P/S of 3.42, a debt/equity of 1.86 which is very bad, sales growth Q/Q of 40%, an EPS growth Q/Q of 44.20%, an ROI of 15.80%, and a short float of 2.70%.
Rating: 90/100 the technicals look amazing but their debt/equity is a little scary so they deserve a 90/100.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
Ebay entry levelEbay is at an interesting time to buy it in the medium / long term.
If you observe the previous circles, in the 2 previous occasions the candle has left a wick below the average of 200 periods, closing the candle above the average.
There are 2 scenarios for me:
1- That it goes down to the green horizontal line that is the first monthly support. From there it goes up again until the first monthly resistance where it also made a double top.
2- Do not touch the horizontal green line, leaving a large wick and closing the candle above the average 200 periods. From there go up to the horizontal red line that is monthly resistance.
If neither of the 2 scenarios is fulfilled, the SL is placed below the middle circle. If the operation goes well, it has a risk / reward ratio of 2.36
