The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur.
The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position.
The 50 and 100 Moving Averages should offer support in the short term.
Ebay is trading at a low Price/Earnings ratio of 15.
The current price level, though not an...
Ebay has generally been trending upwards for the last 10 years and is currently trading at a low Price/Earnings ratio of 15.
The 50 and 100 Moving Averages should offer support in the short term.
The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur.
The Fibonacci Retracement drawn at the bottom represented ideal...
Ebay is at an interesting time to buy it in the medium / long term.
If you observe the previous circles, in the 2 previous occasions the candle has left a wick below the average of 200 periods, closing the candle above the average.
There are 2 scenarios for me:
1- That it goes down to the green horizontal line that is the first monthly support. From there it...
eBay is a cheap e-commerce name that has spent years underperforming (for good reason). Now could be its time to make a significant break-out on the way to a re-rating.
Its enterprise value has largely not moved in 10 years, as stock buybacks have gradually inflated the share price.
2021 is expected to return eBay to significant, mid-teens revenue growth. That,...
EBAY Current Price $62.83 Price Target $75
Great value for an online retailer with 75%+ profit margins. P/E of 8x is very fair given the 20% growth Year over Year. Seeing an ascending channel for EBAY that should continue. Im long Calls
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Breaks 61.85 it could test 59
The blue trend line represents a covid-free bear trend that would result in PYPL being around the $220 level.
This pandemic has shown us that online shopping is here to stay, and PayPal's stronghold on the industry will allow for much more growth 5-10 years.
This being said, my chart represents my prediction that we will not be going back to normal any time...
The dashed lInes repersent some weaker support and resistance where I expect some price reactivity. The solid lines are historical supports and I expect for rejection or larger moves to take place off of. Lows have been swept up last week with large volume which could be a combination of short covering or confident buyers adding to their position. This is...
