This I would call an inverted H&S A recovery structure has ensued from the previous drop on EBAY This is still what I would call bullish on many timeframes
- EBAY is in a falling trend channel in the medium long term. - EBAY has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 45.27. - Further rise to 61.20 or more is signaled. - EBAY is testing resistance at 47.00. - Overall assessed as technically neutral for the medium long term. *EP: Enter Price, SL:...
Ebay after making a 0.786 retrace has bounced back into a Support/Resistance zone and has formed an Inverted Head and Shoulders while doing so.
Is NASDAQ:EBAY Completing a Bearish Head and Shoulders Top? The monthly chart is pretty close to completing the right shoulder in what looks to be a bearish Head and Shoulders formation. Measuring from the top of the head down to the neck line would put the price target down to $3.00 and change. It will be interesting to continue to watch what the 14 RSI does...
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 43.3/61.80%
eBay showing bottom of the current swing, may be we should buy if it stays green for another day
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 ...
I wonder who is still using Ebay?! I used to have a store there and close it because of their high fees. If you haven`t sold EBAY here, on the active buyers decline: Then you should know that looking at the EBAY options chain ahead of earnings , I would buy the $47.5 strike price Puts with 2023-7-21 expiration date for about $3.70 premium. If the options turn...
Only a solid monthly close above 50$ overrides this doomsday chart for eBay #nasdaq #amazon #ebay #arkk #tesla
EBAY - Why Can It Rise Again? EBAY - Why can it rise again? As we have seen in previous quarters, EBAY has reported very good earnings data. Every time above expectations. On February 22, 2023, EBAY is due to report earnings again. On the chart, we can also see that the price broke out of a strong structure area adding more value to the bullish...
ebay 2 scenarios .. 1] buy above support 1 and follow the uptrend channel .. 2] sell after the break under the support 1
Looks like a potential bullish move on EBAY could be happening soon if the price breaks above and retests the neck line of this head and shoulders.
EBAY breakout of the symmetrical triangle which was inside of the down channel is bullish. Breakout was on bigger volume and was also breakout through BigRed 200 days MA which is also very bullish, and now is forming high base formation just right after its breakout. Friday's price action wasn't confirmed with volume as it was below 20 days average. It is above...
We have broken the downsloping supply line here on EBAY, whether you want to look at this as a 3 drives or an inverse head and shoulders, the targets would be similar. Another one with clear divergence, rising momentum and volatility.
“Discipline is only difficult when you look at it as something unenjoyable. When you re-frame cutting losses and celebrate avoiding a large loss and freeing up capital for a better trade, suddenly having discipline becomes second nature and being undisciplined becomes painful.” ~Mark Minervini~
Ebay is breaking through its down trend and starting to show signs of retesting the trend. Rainbow Theory notes to keep your eyes on: -Pivot Support -Channel Walker Resistance Broken -Candle Color Rotation Let us know what you think!
Classic cup and handle formation, we're in the handle right now, patiently waiting for a break to the upside. This is one of the few charts with a strong bullish set up, news of some sort coming?
I see a continuation for a long position. from this area of support.