Ebay - still long

188 8
I got stopped out on my ebay trade, but my bullish bias still stands. I will enter long again Monday. Trade is explained in the linked chart.
09.09.2014 closed the entire position
most of the position was closed on 20.08.2014 at the top of the candle
I agree with your trade play on $EBAY.
Your opinion on the technicals matches mine.
I entered long 49.70
Look in my profile for posted chart.
vlad.adrian alnkhailan04
Thank you!
Long at 48.18$, stop at 47.71 on 17.06.2014
DavideG vlad.adrian
Do you mean $49.18? It hasn't hit $48.18 since Wed June 11th.
Yes, sorry for the typo, it's 49.18$
HI Vlad, I have noticed your chart, are you buying based on the possible double bottom and high volume? It seems just going lower to me. If you look at the monthly chart there could be a top (similar to 2005 top)..
well, for the moment I'm not buying anything because of Irak, I'm waiting to see the damages done to nikkei on monday morning, and then further on into the european session.
The idea of this trade is that when Ebay comes to 50, it's a good place to buy. Last time we got a false breakout, and this surely looks like one too. Thing is, at a point Ebay is going to break to the downside or to the upside and continue in that direction, but there's no way of telling when. Another thing, when something (stock, index etc) breaks strong support, everybody is bearish, and thats a very good time to be buying.
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