TradingView
jacektrocinski
May 19, 2021 9:09 AM

Ebay Short Term View UPDATE Long

eBay Inc.NASDAQ

Description

The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur.
The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position.
The 50 and 100 Moving Averages should offer support in the short term.
Ebay is trading at a low Price/Earnings ratio of 15.
The current price level, though not an ideal entry point, still remains attractive.
Comments
sergiofcr
Worked out perfectly, any other trade idea on tech stock?
jacektrocinski
Hey @sergiofcr, yeah EBAY worked out great, I am observing a few other value plays at the moment but don’t see any good entry points as of now.
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