Trade ideas
EBAY Bullish Pattern - UPDATEEBAY formed a bullish Shark pattern, all indicators are still negative and need to show reversal before confirmation.
EBAY Bullish PatternEbay formed a Shark pattern, might test $65 before rebouce.
Will keep an eye on indicators to confirm reversal.
#EBAY Tends to bounce off its 200day ma/ema bandsUptrend + 200day ma bands on EBAY have acted as support in recent times. Perhaps a long trade with a tight stop loss below yesterday's reversal low and short term target to 70-71 range with extension if market holds up
$EBAY Undervalued & OversoldEBAY has a very stable, profitable and long history of operating business model. With a P/E around 21 and only $42b market cap it's relatively cheap. It looks to be setting up for a good long play here with price below the lower Buy Sell Band, 8.40% below the 50 day MA, and solid Range Strength/Hurst Exponent readings for a mean reversion play.
eBay ascending channel. Powerful support levelebay follows an upward channel with clear support and resistant level. Price expect to reach 84$ with gain of 12$ from current price 72.66
eBay at key channel support Technical Analysis
Since the start of the year, eBay has trended up in a clear channel, where the support line is the 100sma.
Since the test of the upper trend-line of the channel, eBay has retraced 10% and is sitting on the 100sma.
Stochastic RSI has been helpful to signal retracement from one side of the channel to the other. When the SRSI is oversold (under 20) and the %K (blue) goes over %D (orange), it has been a great entry. On the other hand, when the SRSI is overbought and the %D crosses above the %K, it has been a place to take profits. The SRSI cross signal has not happened.
Trade Setup
Risk-reward-ratio is fantastic, with a stop under the 100sma (Average True Range is 2.12 pts.) and a profit-exit at the top of the channel.
Ebay Breakout SoonWorking a triangle on all time frames, good performing stock historically on thanksgiving week.
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 at bottom line of current uptrend on 4hr chartEBAY has been following an uptrend channel for a little over a month now. I believe this is a good area to add long calls such as the $75 call for December 17th. If it goes under the green trend line, then the next point of support would be the red one. There is also bullish divergence on the daily chart. Of course, the market could be down tomorrow, and this could send EBAY out of the trend. If it holds the trend, I would go long.
eBay | Fundamental Analysis | MUST READ...Shares of eBay plummeted immediately after the release of its third-quarter financial results on Oct. 27, despite strong revenue and earnings numbers. Weak earnings forecasts came into focus as the ongoing store relaunch negated a temporary boost in online sales during the pandemic.
However, during the peak of the COVID-19 crisis, new management made changes that could improve eBay's long-term prospects. The question for investors is whether the latest numbers indicate continued stagnation or offer a path to further growth in the online marketplace.
Admittedly, the quarter showed a mixed picture. Gross Merchandise Volume (GMV) fell 10% year-over-year to $19.5 billion as sales activity declined from an unusually high level in 2020. Nevertheless, eBay now retains a larger percentage of that transaction volume as revenue, up 11% to $2.5 billion.
Unfortunately, that growth wasn't enough to boost earnings: earnings per share fell 50% year-over-year to $0.43. Adjusted earnings, which exclude the effect of fair market value adjustments on Adevinta's business, rose 9% to $0.90 per share. Free cash flow also declined slightly, by 4% to $502 million for the quarter.
For the current period, the company's management forecasts revenue growth of between 3% and 5%. That slowdown sent the stock down 9% on the day earnings were released, but the stock has since largely recovered. In the year to date, eBay stock is up more than 50%.
A key factor for investors to consider is the change in direction of the company under CEO Jamie Iannone. Previously the head of eBay, Iannone returned to the company after leading e-commerce sales at Walmart. When he took the job in April 2020, revenues were growing at a rapid pace as closed stores encouraged consumers to shop online. Now that sales are slowing as the economy returns to normal, the new environment puts Iannone's vision to the test.
Nevertheless, Iannone has made significant changes over the past 18 months to revitalize the e-commerce company and confront serious challenges from Amazon, growing e-commerce players such as Etsy, and other platforms such as Facebook Marketplace.
Under Iannone's leadership, eBay has reduced the number of steps required to list items on the site by introducing a new listing tool to simplify the process. The company also enabled eBay's mobile storefronts and QR coding to speed up the process of getting an item. In addition, the company has added a managed payments system, which should allow sellers and customers to use digital wallets.
eBay is also targeting higher-end buyers. Thanks to these changes, the number of active buyers on the site is down 5 percent year-over-year to 154 million. But more than half of that user base is what the company calls "low-value shoppers," a group that makes up just 5 percent of total sales. According to Iannone during the third-quarter reporting conference, the number of high-value shoppers is up 6 percent since 2019 amid an overall decline in the number of shoppers.
One way to attract these important customers is to launch Promoted Listings Advanced Beta. It builds on the existing Promoted Listings platform, which allows highly ranked sellers to bid on the top slot in a given search. Promoted Listings revenue is up 9% year over year, and moves like this should attract the type of sellers that will eventually provide higher GMV and revenue.
With the worst effects of the pandemic behind it, the company is embarking on important changes that should make it more competitive in the long run. An improved user experience and more engaged buyers, among other efforts, are encouraging signs of what a reborn eBay could look like.
The market appears to be impressed by these changes, as eBay stock is up 45% this year. Management is confident enough about its prospects to increase its stock repurchase plan for this year from $2 billion to $5 billion. Experienced investors should pay attention and put eBay on their list of stocks to watch.
EBAY analysisI would not expect EBAY to stay in between 73.8 and 76 for long at all, lets see if it goes to retest the bottom of the channel.
Ebay Bouncing After EarningsEbay recovering from earnings loss of 11%, Friday closing candle a big fat bullish engulfing closing above the 50 day SMA. Targeting 80$ in NOV 12th calls, well see!
Trading Idea - #eBay - The Trend Is Your FriendBUY
Entry: 72.80 USD
Take Profit: 80.88 USD (+11% Profit)
Exit: 69.81 USD
eBay has been in a confirmed upward trend since the end of last year.
Currently, we are touching the lower line of the trend channel. This was a buy signal in recent months, so that an upward movement is also expected here.
Day trade idea on EBAYShort below this bearish flag formation. invalid if set up is broken. I am seeing a possible long opportunity at 69 for now playing it short and will play long if price holds around 68-69.
Ebay channel tradeLong term , it's in a bullish uptrend. For short term we're heading back to channel bottom around 69-70$.
Has a gap to close at 72.50 so that would be my 1st short target.
$EBAY - Analysis & Key levels$EBAY - Analysis & Key levels
I don’t have a whole lot to write here today because I just got back from vacation and my brain is a little bit on vacation still… but visually I think you can see where I’m going with this analysis.
GL
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your due diligence.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
Target 94.87 ( 1 to 12 months )Good Up Trend going on. fundamental and Technical is good, So Target is 94.87 Duraion 1 to 12 months .........
EBAY SqueezingPrice inside a Symmetrical triangle
A safer breakout level is 76.95 however if price picks at at 76.75 could also be an entry opportunity with 77.80 - 78.00 as targets
EBay Is Trying to Break Out EBay surged to new highs in mid-August, fueled by optimism about a business turnaround. Now after a pullback, it could be on the verge of a breakout.
Two significant patterns appear on the e-commerce stock’s chart. First, the descending trendline starting on August 30. EBAY tested that resistance the last two weeks and is now challenging it again.
Next you have the rising 50-day simple moving average (SMA) providing support from below. Additionally, notice the candlestick action after that line was tested: a kicker September 14-15, and a hammer on September 20. Both of those bounces occurred around $70.77, near the old high from early July.
Finally, the 8-day exponential moving average (EMA) is trying to cross above the 21-day EMA. That could suggest the shorter-term trend is turning bullish again.
Valuations could be another consideration because EBAY trades for less than 17x forward earnings. That’s lower than most peers on the Nasdaq. It may leave room for multiple expansion if management successfully executes its plan to focus more on high-value customers.
TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.
