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EBAY INC CEDEAR EACH 2 REP 1EBAY INC CEDEAR EACH 2 REP 1EBAY INC CEDEAR EACH 2 REP 1

EBAY INC CEDEAR EACH 2 REP 1

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EBAY trade ideas

EBAY Short!EBAY INC. is part of a very strong downtrend. Traders might consider only trading short (short) positions as long as price remains well below $ 54.21. The next support at 51.41 USD stands as the next bearish target to hit. A bearish breakout of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 48.62 USD. Below that support sellers could then aim for 46.19 USD. In the current configuration, it will be advisable to watch for possible bearish excesses that could lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter a position in the direction of the downtrend. It may seem risky to seek to profit by purchasing these possible corrections.
NASDAQ:EBAYShort
by Ayoub450
4
EBAY LongEBAY 1-3 Week Horizon Price has been on a bull run for the past few months. It first created bearish channel (blue) and a new bullish channel (green). It broke the bearish channel (blue), retested it and gapped up. It gapped up enough to break bullish channel (green) . It is now forming a bull flag just above the bullish channel (green) and it might retest channel boundary (like it did on last channel) and move up more. The buy zone has a confluence of 60.68 key support, 21ema (blue), bullish channel (green) boundary, and 38.20% fib. In my opinion, a good buy zone. Stop loss at 59.79 (-2%, just below key support and 21ema) and target1 at 67.38 (10%) a good 5:1 risk reward ratio. Disclaimer I am not a registered investment professional. These are just my opinion and not an investment advise or recommendation. For entertainment purposes only.
NASDAQ:EBAYLong
by mdd100