EBA trade ideas
$EBAY Not a great deal of confidence pre earnings, bias is shortWe have had a short bias on this stock for some time despite a bounce since December lows. Momentum in that recovery has staled considerably and the activist stimulus has run its course. Ebay competes with possible the greatest company that exists today in the retail/tech world, AMAZON. We will remain short in EBAY and long in AMZN into earnings in what will be a pivotal week for the both companies.
eBay seemingly risky buysOverall, eBay is in an uptrend. Price recently tapped resistance at $38.60 and has moved back to weekly support, albeit pretty hard. I’m confident support will hold based on eBays current trend as well as the bullish sentiment of the overall market...tight stops, please
EBAY # EBAY3 months is consolidating.
Strong Monthly Demand zone created around 30 dollar a share
looking to go long at 28 dollars a share
$EBAY EBAY, sorry, but it just isn't Amazon.Ebay was having a dreadful time until it was announced that activist investors had stepped in. It is thought there is much value to unlocked in the stock but we just cant see it. It is in the same marketplace as AMZN, whom can outspend EBAY at any moment the feel like EBAY is taking any market share.
BUY! WEEKLY CHART - BULLISH INDICATORSeBay, the long forgotten company!
Weekly Chart looks good. Although it must break upward resistance around $35.50, it should run higher.
Currently, the stock is trading under the cloud. It does not worry us because indicators are turning up, BULLISH
Almost every indicator is turning BULLISH
MACD - Turning BULLISH
RSI - Turning BULLISH
STOCHASTIC - Turning BULLISH
ON BALANCE VOLUME - Turning Up, BULLISH
ACCUMULATION / DISTRIBUTION Should start moving up after this post!
Position: 30,000 SHARES
PRICE: $34.57 (We took the position on Thursday)
Going Long at next 50MA bounceI'm looking to go long on EBAY on the hourly with the next 50 MA test
Solid uptrend going with previous test of bounce and rally
Looking to enter with 1 stop loss of 1 ATR
target price at 35$
will probably take another week or 2 to see if this trade can unfold
EBAY ichimoku signalIchimoku singal
Conversion over base
Bullish cloud
Candle closed above cloud
Lagging span closed above cloud
Trend continuation signals
Higher highs, higher low
double bottom
Support/Resistance
green previous support on daily
Yellow strong resistance on the daily (there's a couple of weaker resistance lines on the daily on the way up)
3:1 Risk/Reward
appreciate the feed back from the experienced guru's out there as this is the first analysis i'm sharing. i'm just a dumb boilermaker!
Ebay to Head Lower?From the looks of price action, Ebay has set us up with a good opportunity to sell this stock.
$EBAY Short below trendline and long above trendlineInteresting here, let's see which way it wants to run.
EBAY LongLong based of channels and fibs
My Entry: 29.00
Stop Loss: 27.50
PT: 40.23
Risk/Reward: 1:9
Ebay Stock SpeculationBigger picture suggests we are close to significant demand. As we move to the lower time frame we can see supply above. Looking to use the supply to take us down to demand to ultimately get long. For now we will focus on this intra-day level. Look forward to another post of this chart soon.
Bullish bounce forecast for eBayI think eBay will continue on its bullish trend very soon.
Let me know what you think in the comments.
Like the idea if you agree.
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EBAY Daily chart now at 29.64 .. Suggested LONG targeting 32.32Suggested uptrend pattern after reach its new support bottom at 26.37 .. Share started new trend with aiming goals 32.32 then 37.73
Support; 28.79
Resistance: 30.8 then 32 - 34
