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wavepatterntraders
Jun 19, 2015 12:12 PM

EBAY Wekly 5 wave impulse wave Short

eBay Inc.NASDAQ

Description

Potentially a completed 5 wave move from the 2009 lows. The1st target is the previous 4th wave at $46.00. The 2nd target is at $38.00. Based on the NDX idea, I would strongly advise anyone long to sell and go to cash, aggressive traders can look to sell. Wave [5] appears to be a possible ending diagonal so a strong clue to support the idea of a 5th wave.
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