EBAY trade ideas
$EBAY GAP fillLooking at $EBAY for the next two weeks we can see 53.18 soon SMAs are primed for a fill
53c with two/three weeks time are eyeing me down :)
EBay Holds Key LevelEBay was one of the surprise breakouts of early 2020. The online-auction and e-commerce stock ripped to new 52-week highs in May and kept flying on raised guidance in June. The strong numbers kept coming in July and October, but the stock just drifted and then slid lower.
The pullback landed EBAY back at a key level around $47, the old record peak from 2018. It gapped through that price area in June and bounced near it in mid-September. It’s also close to the 200-day simple moving average (SMA).
Speaking of the 200-day SMA, prices tested below on November 10. They quickly snapped back and formed a hammer candlestick, which may suggest the shorter-term decline has ended.
Given its strong results and turnaround, longer-term trend followers may look for EBAY to continue higher into yearend.
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$EBAY LongJust a few days ago I posted a neutral rating on $EBAY. Later on, I updated it to a cautious buy after a strong pump that gave most of its gains away. Today is a confirmation that a swing upwards is imminent.
The past few days were filled with fake pumps that gave up gains intraday and dropping under $49 near market close. The relatively strong close above $49.40s makes me bullish for a gap up in the coming weeks. CCI remains high at 100. MACD is also still above signal line, albeit just a small gap.
Target 1: $54
Stop Loss: $48
EBAY Long1) Bullish divergence
2) Making Higher Low
3) Volume comes in
4) Histo green
5) MACD golden cross
$EBAYNeutral right now as it holds the fibonacci support but eyeing an entry as soon as MACD crosses over.
Finally broke outSo, we broke out intraday, which was unexpected for me.
Every aspect of a breakout was given, but we have to be careful and wait for a confirmation
I am planning to buy some shares or some vertical spreads.
downtrend since we hit 52w high we have been bleeding, but its still good risk reward to grab a long here with a tight stop. id personally wait for a break of 51 and scalp it to the top trendline :) gl !
Looking for a breakout of this downward channelTarget $58+ by EOY.
Playing this with the 12/31/20 48.50 CALLS. Paid $2
Buy Signal: 48.96Ingenuity Trading Model-
Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model is the fractal wave structure you can find on any chart you look at across any market and across all time dimensions.
Our model focuses on the current wave formation (current state)- geometric price formation along with its volume and volatility over a given time period and using that information to predict the future state- future price movement.
EBAY Long, Demand ZoneMonthly Support
Daily Demand Zone
entry 49
stop 46
target 58
Reward:Risk =3:1
Earning date 10/27 -- last week.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
EBAY - Feb 2021 PT $58-60Lets face it. I like EBAY. You like EBAY.
Just about everyone likes EBAY.
That aside looks like this bounces before reaching S1 line for a run back up to $50-$55.
Stop loss @ just under $44 , doubt it reaches that low though..
Feb 2021 PT $58-$60
*template & indicators used*
* Swing trade template(Zig Zag, Pivots)
*Supertrend V1.0
*Vol
*MACD
