MrMetoff

EBAY short on strong MACD, Force Index divergences

Short
NASDAQ:EBAY   eBay Inc.
Strong bearish divergence on weekly MACD and Force Index. Bulls have lost steam at the upper line of the 8 year-old channel, while impulse system has turned blue, thus letting us sell. Entry -$33.83. Stop is at $34.67, target - $30.48
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