Get started

EBAY

Our Stock of the Day / EBAYToday we have a long setup to share. Before starting, its important to say that this is long-term setups; this requires patience and the idea of waiting without observing. Let's go with the full explanation of this. a) We will start with the weekly chart. Pay attention to 2 items - The price has broken a long term ascending channel - Currently, we have a clear corrective structure on the edge of the broken channel b) On the 4hs chart, we will make the last arrangements of the setup c) We are using Fibonacci extensions to define our target because we don't have any technical structures to use + we are at all times high d) Using Elliott Wave Analysis, we can count 1 and 2 (our corrective structure composed by an ABC pattern), and we are expecting 3 to come e) The main target is the 1.618 level of Fibonacci as the expected level for the 3rd wave f) We will execute this trade using 1% of our capital. Entry Stop and Take profit are the ones shown on the chart. We will protect our entry on the first fibo extension (move stop loss to break-even) g) We will cancel the setup if the price goes below C h) Remember: Trade safe, protector your capital, and always understand what you are doing!
NASDAQ:EBAYLong
by ThinkingAntsOk
EBAY - 22.14% Potential Profit - Corridor BreakoutCorridor Breakout out of a 1-month price correction. Target price set at resistance line bounce. - Strong Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $57.91 Suggested Stop Loss $56.88 Target price $70.80 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NASDAQ:EBAYLong
by maschera
1
$EBAY$EBAY To remain bullish, we would like to see $Ebay hold a daily candle over $49 Over the weekend news came out with the following headline: "eBay sellers told Martin Luther King memorabilia is 'offensive' after new policy is introduced The auction site wiped thousands of 'inoffensive' items overnight after banning items that further racial stereotypes" Articles were published today so it will be interesting to see how Wall Street reacts Monday morning. Ebay is also one of those companies that has moved on towards all time highs. Possibly because people have nothing to do right now other than sit at home and buy and sell their own goods? If $49 does not hold and the markets continue to drop, support looks like it can be found around $43.
NASDAQ:EBAY
by IMF_Trading