Ebay, looking like a nice long after an amazing impulsive move that we caught! will be following a nice wave 5 structure that seems to be having no end to it but it is reaching its limit pretty soon. i would wait for that wave 4 drop unless you want to short if u would like to do so, either way this one looks amazing still!
Ebay and Amazon look bullish for a potential big breakout. With countries and some US states issuing more covid restrictions these 2 companies should do well in 2021. Online shopping growing exponentially as more retail stores feel the pain of the Covid restrictions.
Ebay's market capitalization lags far behind e-commerce players Etsy (ETSY), Wayfair (W) and CHEWY (CHWY), which are much smaller in size with less transaction volume than ebay. I think ebay is underrated. Recently, eBay began to provide authentication services for watches and sneakers, and also entered the refurbished goods market, which in my opinion is an...
$ETSY megatrend to continue to $250+ in 2021
We rode EBAY on this move that looks like a potential breakout. Could be a nice run, or it could fizzle here, I am leaning bullish. Drew some of the important trend lines here. Remember, better to trade the chart, not the company!
Recently hearing news of hedging position of EBAY was something I didn't hesitate to close out last week after I noticed it started to putter out of its uptrend I had hoped for it to catch on from a 5% dip from 53 towards 48-47. I expect higher prices but nothing higher than 52.50 where I'll buy 2 week expiration puts for 48. I don't expect price to fall past...
We remain long from 48.90 but Ebay has been a slow burner. When the model signaled buy we though ebay would be one of the better performers but it seems to be heading in the wrong direction. Similar to AMZN it has done nothing for months now and unfortunately that trend continues. As long as it holds $45 we will remain long but not happy with the performance....
MELI BACKGOUNDS MercadoLibre (MELI) is an online e-commerce and payments platform. It operates through the following geographical segments: Brazil, Argentina, Mexico, Venezuela, and Other Countries. The company provides users a platform for buying, selling and paying. Born in 1999 and founded by Marcos Galperin, its the largest ecommerce company in Latin...
Ingenuity Trading Model- Geometric Markov Model : In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models are used in all aspects of life from Google search to daily weather forecast. The randomly changing systems we focus on are the equity, futures, and forex markets. The geometric element of the model...
Looking at the Day Chart you can see that its pretty clear that BIGC might retouch the $70 level Once it does that i do think that well bounce off that AS LONG AS THE MACD TURNS DIRECTION You can also see that the last time we had the Mom indicator at these levels it was the start of the bull reversal that took us straight to $108 The Accelerator Oscillator...
Lets face it. I like EBAY. You like EBAY. Just about everyone likes EBAY. That aside looks like this bounces before reaching S1 line for a run back up to $50-$55. Stop loss @ just under $44 , doubt it reaches that low though.. Feb 2021 PT $58-$60 *template & indicators used* * Swing trade template(Zig Zag, Pivots) *Supertrend V1.0 *Vol *MACD
eba NASDAQ:EBAY y earnings are coming the 28th. Pre-run before earnings is expected. Selling before earnings.
Sold EBAY. Had a great set up 135 Pattern with a Gartley ABCD which extended exactly to the 1.27% area. Expecting a decent break. I will notify on targets later.