Ebay possible reversal We're closing in on a possible break of short term downtrend. Volume steadily decreasing on the downside
EBAY34 trade ideas
EbayOn the watch. Above 20 MA and confirm can go higher. If it breaks below 53.50 lot more down side room
EBAY potential breakoutI bought 100 shares at the arrow I planted, I believe that Ebay has reached t's day low
Stop loss 54.99, I didn't give myself much lee-way.
News surrounding ebay isn't terrible, they have a potential to reach a new high
****ALSO, waving bullish flag pattern just under the arrow, we'll see what happens
Bull FlagI see a flag waving
Earnings in October
The digital economy and online marketplaces have certainly benefitted from Covid. It is like 2 groups of stocks out there right now. Good companies who do not benefit and good (and not so good) companies that do benefit. Ebay is one of the better considering the choices we have been given as of late
It makes for a difficult trading environment because news of a vaccine can make the old stocks that have been left in the dirt go up, and send some of the benefitters down quite a bit. Etsy comes to mind.
Ebay was in a rising wedge, a narrow one but definitely a narrowing rising wedge. This stock broke up and out of the wedge. Who knows if she will pull back to break the bottom trendline of the rising wedge? Has had quite a run. EBAY would have to dip down to 50ish to pierce that trendline
Not a recommendation/Just an observation
ebay inc daily analysisHi friends
the daily chart of this market shows that it will experience an uptrend but before entering as much as a buyer it is necessary to break the level of 59.27
also it is better to be vigilant of the change of this market towards the opposite direction
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eBay has some great fundamental and technical reasons to go longFundamental Analysis:
Forward P/E 14.43 (Very bullish)
P/E 25.23
P/B 19.41 (High right now)
Debt/Eq 4.13
EPS this year +0.5%
EPS next year 8.25%
Sales Q/Q -1.6%
EPS Q/Q +12.70%
Please keep in mind earnings were just announced and analysts essentially nailed their projections right on the money.
Some things I really like here is that even with declining sales (keep in mind COVID was not aiding this Consumer Cyclical Internet Retailer)
ROA +24%
ROE +151.4%
Gross Margin +76.9%
Profit Margin +44.4%
-10.69% away from 52W High
Great price target is $57
eBay may collapse in the next days The butterfly can tell us that the end of the uptrend is done with success and now there is a huge probability that the market will go down for an important while
Long EBAYThe upcoming ER could generate bullish run on EBAY.
See if it consolidates here in the stop zone and break out.
Factors as illustrated and should be adjusted once the trade is active.
Ebay Bull Pennant Working on breakoutWatch Ebay for a breakout with an entry on a quick pull back retest or above the hammer of 4 days ago.
EBAY SELLThe long-term outlook is down.
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EBAY EARNINGS ARE NOW ON 7/28EBAY WAS SCHEDULED TO REPORT EARNINGS THIS WEEK A NEW DATE WAS PUBLISHED TODAY THE DATE IS NOW July 28th.
EBAY now expects second-quarter revenue to be between $2.75 billion and $2.80 billion, compared with earlier estimate of $2.38 billion to $2.48 billion.
EBAY EARNINGS ON TUESDAY LONGEbay has earnings on Tuesday 7/14/2020, if you take a look a the chart, ebay has been on an incline this past quarter.
eBay (Coming to wave 3)I believe that we have 1 more green day before eBay starts to begin its downtrend to wave 4.
eBay Inc (EBAY - NASDAQ) - Bulls on fireeBay Inc (EBAY - NASDAQ) is in solid impulse within 4 hr time frame, where 5th wave is in progress. In 30 min time frame, it is in 3rd subwave, where internal 3rd wave is about to end soon. Thereafter 4th internal wave will correct it down, which is good buying opportunity. Again it go up to complete the 3rd subwave of 5th wave up. Stay bullish when three wave correction occur for new high as target.
