EBA trade ideas
A trader need a trend for make moneyThis stock is in a clear trend and even 2 months ago broke a resistance level above 40.00 with a overnight gap that was filled completely
and the gap is now working like a support (look the daily chart)
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Now there are a price consolidation above the 40.00 level, wait a pullback for a better entry price. This kind of idea need to be watched daily to pull the trigger in the best moment
From my point of view the price need more weeks for consolidate in my case I need that the price come close to the red line of my moving averages, the decision for entry is not based in a mechanical signal given by an oscillator the entry is manual based in price action for example a retracement around 41.10 or with limit orders or whatever that use the trader who follow the idea.
SHORT ON EBAY!We've got a short on Ebay guys!
I believe that once prices have penetrated the 41.00 region we could see a potential bearish pull down to the 37.00 Region or even lower!
Let's see how things turn out!
TP: 37.00
Gap Fill, Support BounceLook for entry on way up. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful.
---Ideas are not investment advice
EBAY Breaking out Range Pre-marketStill looks like considerable upside potential in EBAY today. Going to let it ride.
Well SupportedThe attempt to fall below the MA failed. Thus the current level has been confirmed and an other rise is possible from here.
Signs of WeaknessHi guys. Here's another idea for the brave hearts. Humbly posted for public viewing and judgement. Have a nice day.
EBAY - Stochastic divergence on trend line supportEBAY has stochastic divergence on trend line support.
Look for it to make a move back into the rising channel.
Buy: 35.21 - 35.45
Target: 35.99 - 37.24 (2.22% - 5.77%)
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@jbzstocks
Long Ebay @ WK Demand AreaPrice on EBAY has retraced to WK D area, 3M, MN and WK TL are all up so long is valid. Targeting 41-42.
$EBAY Long PossibilityDemand Zone
Gap Down potential filling
Stop below this box
Target 7-8% gain
Risk 2.5%
Ebay Long - Technicals & Valuation (2-6 weeks)Technicals and valuation support a bullish rebound. Supports at 35 from the channel it has been trading in since June. PE of 5.2 is cheap in this market where the S&P trades at a PE of 25. Excellent margins (80%) support their profitability. Even though Amazon dominates this space, there should be enough room in ecommerce for Ebay to continue to grow.
Ebay Gap FillEbay should be able to rally into the gap fill for a small gain.
Price is rallying from a demand zone currently.
Short term buying opportunity towards Black Friday? EBAY is testing support as we approach Black Friday and Cyber Monday.
The shopping spree expected can boost EBAY following its recent decline and send it back towards the bottom of the rising triangle, to test it as resistance.
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EBAY Long 2-6 Weeks Technicals and valuation support a bullish rebound. Supports at 35 from the channel it has been trading in since June. PE of 5.2 is a steal in this market where the S&P trades at a PE of 25. Excellent margins support their profitability. There should be enough space in e-commerce for both Ebay and Amazon NASDAQ:AMZN allowing both to continue to grow.
