$EBAY has been getting beat up along with the rest of the market...but technicals tell us things might be looking up. - If you look at the stoch, we just had a cross over - which signals an entry point.. but we need more confirmation. - RSI is trending up. Good sign - Waiting for MACD to cross the signal line, which will then confirm the pattern * Overall, we...
EBAY has been trading in a nice box range between 49.38 and 58. The MACD has done a very nice job at predicting the next move and EBAY is now near the bottom of this range. If you trust this range you could buy now or if you want to play it safer, wait for either a breakout over the resistance line or for the blue MACD line to cross over the orange line. HAPPY TRADING!!!
Sometimes it's this easy. Stop is well defined and decent risk/reward
March low is now the target, and only patient traders with trading plan will make a serious $$$. It was indeed a great trade. Join us woowtrading.net
$EBAY with all its possible areas of profit is on our supreme earnings play list.