vlad.adrian
Long

Ebay - At buy zone

BATS:EBAY   EBAY INC
847 13 8
Ebay             has been trading in a wide rectangle for almost a year. The 50 dollar level is very significant as outlined, the stock always finding buyers there.

The MACD lines looked really messy, without any pattern, or at least i couldn't figure it out. No pattern in volume either for my eyes (rookie eyes!!!). Therefore, I plotted only the MACD histogram which looks really nice, with many bullish divergences when the stock was at the buy zone.

At the present time, a bullish divergence is taking shape. A reverseal candle (like in the past) would be the next signal. A move up after that candle would be the kick off of a rally.

A strong close below this buy zone would close this trade and would make me aware of the short side.
I guess it didn't fade on the bollinger band as someone said, it actually came close to the second target, so i would count this as a good trade. Thank you all for the appreciations!
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first target reached on 16.12.2013
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entered long at 49.79
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ebay will fade down the Bollinger band.
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NYKnicks stockSMASH
Agree
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NYKnicks stockSMASH
insiders are selling and institutions decreased their holding during the past year.It will go south soon.
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Harami on the daily?
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surely looks like it. if theres no gap down on monday, i'm gonna buy with a stop under the sell zone
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its almost a doji shape, so do you think its a reversal signal now?
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vlad.adrian PRO crazzy4friends
surely looks like it. if theres no gap down on monday, i'm gonna buy with a stop under the sell zone
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