KlejdiCuni

EBAY: Tricky Situation On EBAY

NASDAQ:EBAY   eBay Inc
As we can see the price is creating a type of "Rising Wedge" pattern. Strong resistance is coming from the upper trend line near the $67.42 area, which could push the lower price close to $58. A break out of the price above the pattern would confirm a stronger bullish momentum with targets as below:

Targets:
$73.73
$79.97
$84.71

Thank you and Good Luck!
🛑Disclaimer🛑
This is not financial advice.

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Comments

Professional work, I really like it
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Up or down,that’s the question !
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could give us a bullish price action to continue
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Very nicely done!
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Thank you, i went for the short side, see how it plays out
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KlejdiCuni aaronhargett88
@aaronhargett88, Be careful anyway and manage your risk.
Reply
Thanks for sharing💡
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Good perspective🔥
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1% risk on this trade is sufficient?
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Great post
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