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KILLINNETT
Sep 25, 2021 7:59 PM

Ascending Wedge Short

eBay Inc.NASDAQ

Description

With a saturated e-commerce market EBAY has been trying to stand out by getting into the NFT space. This looks innovative to some but personally it looks like they are reaching. With a lot of negative reviews about their customer service, the NFT market looks more dangerous to the customer than advantageous.

An ascending wedge forming on the weekly time frame with bearish divergence on the macd and rsi and a head and shoulders pattern on the hourly Im very bearish on this play.
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