TheSignalyst

ebay is on sale ๐Ÿ›’

Long
BATS:EBAY   eBay Inc.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

๐Ÿ“ˆ EBAY has exhibited an overall bullish trend, trading above the orange and blue trendlines.

At present, EBAY is undergoing a correction phase and it is currently approaching a strong support zone 30 - 34

๐Ÿน Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue and orange trendlines acting as a non-horizontal support.

๐Ÿ“š As per my trading style:
As #EBAY approaches the lower red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

๐Ÿ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Trading Made Simple; and Rule-Based
www.RichTL.com

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