EliteTrader101
Short

EBay Short Target

NASDAQ:EBAY   EBAY INC
13 0 0
Big players took profits at the top and have shorted. You can see the levels are dropping to the measured move at the bottom where resting orders are sitting just below the lows where a lot of stops will be building. On Jan 20, some big players took profit on their longs and then they shorted on the breakout knowing that retail traders will be buying on the breakout.
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