EBAY Timeframe: Short Term, Technical: Bullish <$58.9EBAY (Exited: Trendline, Entered: Bullish)
#4 Hours
#Technical Analysis
#crevixtrader
EBAYCL trade ideas
Watching eBAYeBAY also looks good here.
eBAY has been in a falling channel since october and has finally been able to break the upper line. It is flirting the 50 sma and seems to be holding it. Will need to hold this level to contine bullish momentum.
a double bottom has also formed at the end of the channel.
A bit of risk here.
Volume is still lacking so it would need to pick up to really send the price up. the 200 sma is a major resistance as of now.
Pt are: 60,64,67.
DYOR,
EBAY - 200MA Tells the Tale The 200MA shows the price rise and decline perfectly, ascends to the curved line and sharply turns around
This has recently occurred and now we are seeing the turn around phase
Placed bars patterns are just speculative price action assumptions
Is eBay’s Long Slide Ending?EBay, along with many other e-commerce names, has skidded lower since the middle of last quarter. But now it’s showing signs of a reversal.
The main pattern on today’s chart is the falling trendline running along the highs of November and January. Prices are now trying to push through it.
Second, notice how EBAY held $50 in February and again this month. Not only is this a “nice, round number.” It’s also near the end-of-year price for 2020, which was followed by a 60 percent rally last year.
MACD has also been working higher since late January, which is potentially bullish divergence.
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EBAY Descending Channel Price has been in a descending channel for the last several months resulting in a 30% drop from its October highs. RSI has been consistently dismal. failing to pass even 50 so far this year, further confirming a downtrend. The price is currently facing resistance at the upper end of the channel and will likely reject this level and continue downwards. Place stops at $58 (if your stop is actually hit, price may be breaking out and you could look to enter long on a kickback) and take profits at $50 (although there might be more room for drop).
EBAY SHORT TERM LONGWe just finished full Elliot wave with an ABC correction, we bounced off of a strong demand zone, and we should see a retracement to a 50% fib zone.
RSI: RSI touched 30 zone and is heading to cross a signal line, that indicates we are heading for a bullish momentum.
Entry: 54
Target: 65
Invalidation: 49
HEAD N SHOULDER EBAY?Hmmmmm looks like a possibility but. Never try to predict the markets no matter how tempting. This is speculative. Always try to be objective. What is happening right now and can you be confident that it will continue, that’s the decision i think makes more sense.
EBAY | GuidanceJournal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Experimental 👨🔬
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: %B oversold, Bollinger Bands oversold.
Position: Short term day trade.
Notes: I'm anticipating an earnings surprise this evening A.M.C.: www.estimize.com
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
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About the Security: "eBay, Inc. operates as a commerce company. The company platforms include online marketplace and its localized counterparts, including off-platform businesses in South Korea, Japan, and Turkey, as well as eBay’s suite of mobile apps. The company technologies and services are designed to give buyers choice and a breadth of relevant inventory and to enable sellers worldwide to organize and offer their inventory for sale, virtually anytime and anywhere. The company was founded by Pierre M. Omidyar in September 1995 and is headquartered in San Jose, CA."
Barron's Company Overview: www.barrons.com
EBAY W1 Hello traders this is my analysis about EBAY with Classic Elliot and Harmonic Pattern I expect a small uptrend as wave -b- from zigzag and then a downtrend with 5 wave as wave -c- from zigzag from major wave 4 and then a 5 wave uptrend as major wave 5 and also I predict a Bat harmonic pattern too !
Earnings watch 2/23 post-marketEarnings watch 2/23 post-market:
EBAY
FUBO
SKLZ
HTZ
CLOV
LMND
MGNI
BKNG
FLGT
AMED
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eBay | Fundamental Analysis | MUST READ !eBay was one of the main beneficiaries at the beginning of the pandemic. People turned to the e-commerce and auction site for items they needed and wanted to buy, avoiding in-person purchases.
Now the trend is shifting in eBay's favor as the economy around the world recovers. Against this backdrop, the company plans to report Q4 earnings tomorrow. While long-term investors don't usually buy and sell stocks based on short-term events, some employ earnings reports as markers to determine whether to add to their holdings or as a clue to possible bargain opportunities. With that in mind, let's see if investors should buy this retailer's stock before the report comes out.
eBay does not own or sell merchandise on its platform. Instead, the company creates and operates a platform that connects buyers and sellers. To generate revenue, eBay charges a different fee for each transaction on the platform.
Perhaps buyers and sellers are equally important to eBay's success. Buyers would stop visiting the site if there were no attractive items to buy. Conversely, sellers would stop listing items if there weren't many people willing to buy them.
The COVID pandemic brought millions of new buyers to eBay. From the Q2 of 2020 to Q1 of 2021, the total number of active eBay buyers improved from 161 million to 166 million. However, eBay is now reducing the number of active buyers as the economy reopens and buyers have alternatives again.
In addition, management has implemented a new strategy of decreased marketing and promotions aimed at lower-cost shoppers. These two forces working together caused the number of active buyers to drop from a peak of 166 million to 154 million at the end of Q3.
The decline in the number of shoppers may be one of the main reasons why gross merchandise value (total sales value) fell more than 12% year over year to $19.4 billion. This figure is very important because eBay earns revenue by taking a percentage of this value as a commission. Nevertheless, despite the drop in gross merchandise value, eBay has increased its revenue year after year.
How has it been able to achieve this? By increasing the percentage it charges per transaction. eBay's collection rate per transaction increased from 9.2 percent in the second quarter of 2020 to 12.1 percent in the Q3 of 2021.
One might assume that sellers are not thrilled with the fee increase. Yet the same cannot be said for the number of sellers on the eBay platform, which has remained unchanged at 19 million over the past year.
Perhaps sellers are happy that eBay is offering more services for higher fees. In recent quarters, eBay has been improving its services to encourage more transactions. One of the main friction points on the eBay platform is trust between buyers and sellers, and this is where management has focused its efforts to increase investment.
In the latest of these initiatives, eBay announced on Jan. 25 that it will offer an authentication service for trading cards over $750 sold on eBay. Consumers can now shop with peace of mind knowing that eBay will authenticate these cards to make sure they are not counterfeit and come as advertised.
Trading cards are an important category on eBay, with a gross merchandise value of $2 billion in the first half of 2021. Authentication comes in addition to pricey handbags, sneakers, and watches.
eBay stock is trading at a price to free cash flow ratio of 15.7 and a projected price to earnings ratio of 13.2. These prices are roughly in line with the average sales level of the past five years. In the near term, the company may continue to be challenged by the changing of the stay-at-home trend.
In the long term, however, an increasing share of purchases is moving online. In addition, eBay gets a larger share of each transaction and reinvests some of its profits, strengthening its services. eBay may not be an explosive growth stock, but it offers investors good value at the current price. The stock is probably worth buying before or after an upcoming earnings report, especially if you plan to buy and hold it long enough to benefit from the company's growth over time.
EBAYThe ONLN ETF has signs of a reversal , the same for EBAY .
Divergence and level.
The stop is large, but it is conditional.
There is a feeling that there will be a rebound this week, perhaps it will be in this action.
EBAYDaily downtrend.
the company Q3 report was not good too.
Need for a correction to find entry for short.
EBAY outside the 1 year bullish channel!eBay lost its bullish channel after 13 months!
It could go down to 60 and lower ..!
Unless it get back to the channel!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
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$EBAY Target 1 59.07$EBAY Target 1 59.07
Ok, so I did sell 57.5 puts on the Feb 18th expiration but that sure looks close… LOL.
It’s ok. I’ll double down at Target 2 if I get put.
GL, y’all…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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stay in greenebay slightly breaks through supports from the last year despite coming back up to support levels in the last few days could see more losses if trends continue from October.
EBAY Bullish Pattern - UPDATEEBAY formed a bullish Shark pattern, all indicators are still negative and need to show reversal before confirmation.
EBAY Bullish PatternEbay formed a Shark pattern, might test $65 before rebouce.
Will keep an eye on indicators to confirm reversal.
#EBAY Tends to bounce off its 200day ma/ema bandsUptrend + 200day ma bands on EBAY have acted as support in recent times. Perhaps a long trade with a tight stop loss below yesterday's reversal low and short term target to 70-71 range with extension if market holds up
$EBAY Undervalued & OversoldEBAY has a very stable, profitable and long history of operating business model. With a P/E around 21 and only $42b market cap it's relatively cheap. It looks to be setting up for a good long play here with price below the lower Buy Sell Band, 8.40% below the 50 day MA, and solid Range Strength/Hurst Exponent readings for a mean reversion play.
