The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur. The Fibonacci Retracement drawn at the bottom represented ideal entry points into a long position. The 50 and 100 Moving Averages should offer support in the short term. Ebay is trading at a low Price/Earnings ratio of 15. The current price level, though not an...
EBAY confirmed the " Round Bottom " pattern last week at the $62 price zone, we will buy it here and target at $80, with the stop loss: 6%.
Ebay has generally been trending upwards for the last 10 years and is currently trading at a low Price/Earnings ratio of 15. The 50 and 100 Moving Averages should offer support in the short term. The Fibonacci Extensions at the top represent possible resistance points where profit taking may occur. The Fibonacci Retracement drawn at the bottom represented ideal...
Hello fellow traders and investors, here's another trade idea. EBAY has recently pulled back to the bottom of the channel and if it makes a recovery to the previous high it offers a 16% ROI. Technicals: The Macd indicates that it's still in a downtrend The RSI indicates that it's oversold The volume indicates that the selling volume is getting exhausted so we...
Ebay 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...
eBay is a cheap e-commerce name that has spent years underperforming (for good reason). Now could be its time to make a significant break-out on the way to a re-rating. Its enterprise value has largely not moved in 10 years, as stock buybacks have gradually inflated the share price. 2021 is expected to return eBay to significant, mid-teens revenue growth. That,...
The price is immersed in a clear uptrend, traveling the largest wave #3. Breakout of the $60 level confirmed. The price forms a spike on the 61.8 of the last bullish impulse, if it is activated, we buy with a projection at $76.40 as the first tp. Taking into account that it could reach $80 per projection of wave #3. ENJOY!
With the good retail numbers, I think this pushes Ebay up even more.
EBAY Current Price $62.83 Price Target $75 Great value for an online retailer with 75%+ profit margins. P/E of 8x is very fair given the 20% growth Year over Year. Seeing an ascending channel for EBAY that should continue. Im long Calls
on the daily.. i could see this making a fake breakout then coming back to trendline support before making another break.
Understanding Trading Risks Before investing, learn more about the risks of online trading, including fast-moving markets and the risk of system unavailability. Explore the risks and strategies of margin borrowing. Find out whether option trading is right for you. Learn more about active trader strategies and risks. Breaks 61.85 it could test 59
The PEAD projected a Bullish outlook for $EBAY after a Positive over reaction following its earnings release placing the stock in drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
I've been MIA for the past little while, just haven't been finding the time to post these. Will try to get back on track going forward!