andrew.berg
Short

EBAY heading into major support

NASDAQ:EBAY   EBAY INC
EBAY is on my short list. As it trades below all key moving averages including the most important one 200 EMA , means that bears in control despite storng market and technology sector as well. Earlier it failed to hold above $58 (breakout point) and definitely it is not a good sign for buyers.
Ebay gapped down on earnings on 30th of April with pivot resistance at $52.75. bounced from major support at $50 which also acts like psychological level, but this bounce was really weak.
There are entries inside that range but for more confidence we need break down of $50 then I expect to see some follow through .
Next reasonable support is at $46 which could be my first target.
Поиск торговых идей,
оценка настроений рынка, сценарии и торговые планы. https://t.me/berg_stocks
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out