My 2 cents on eBay It's technically a quite bullish chart. The price has established an higher low, has broken above the 30's SMA and has broken the descending trendline, re-tested it and now it seems like we're in the game. ;)
Furthermore there is a bullish seasonality playing out ATM. So I put on my horns in this case ...
Ebaylong
EBAY Inc Options Ahead of EarningsIf you haven`t shorted the news that EBAY Active buyers declined 13%:
then you should know that looking at the EBAY Inc options chain, i would buy the $39 strike price Puts with
2022-11-11 expiration date for about
$1.53 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
EBAY SHORT TERM LONGWe just finished full Elliot wave with an ABC correction, we bounced off of a strong demand zone, and we should see a retracement to a 50% fib zone.
RSI: RSI touched 30 zone and is heading to cross a signal line, that indicates we are heading for a bullish momentum.
Entry: 54
Target: 65
Invalidation: 49
11/21/21 EBAYeBay Inc. ( NASDAQ:EBAY )
Sector: Retail Trade (Internet Retail)
Current Price: $74.63
Breakout price trigger: $76.50
Buy Zone (Top/Bottom Range): $74.50-$72.50
Price Target: $86.00-$87.00
Estimated Duration to Target: 56-60d
Contract of Interest: $EBAY 1/21/22 75c, $EBAY 2/18/22 80c
Trade price as of publish date: $3.50/contract, $2.75/contract
EBAY: FUNDAMENTAL ANALYSIS+PRICE ACTION & NEXT TARGET|LONGđź””Since the end of March 2020, eBay's stock price has risen 146%. Due to the unfortunate COVID-19 situation, many people have been forced to turn to reliable online sources to buy goods, and the e-commerce marketplace eBay has received a huge boost from this wave of traffic. Revenue growth accelerated from a 2% year-over-year decline in the first quarter of 2020 to 42% in the first quarter of 2021.
So far, investors have boosted the company's stock price by 47% in 2021, compared to the 13.6% ret
Ebay entry levelEbay 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 goes up again until the first monthly resistance where it also made a double top.
2- Do not touch the horizontal green line, leaving a
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.












