Upon request, revisiting eBay. The stock looks posed to resume its breakout. It tested its 20 SMA last week and quickly bounced higher, closing above its TL support.
Price has diverged from the Balance of Power (systematic selling/buying) over the last two weeks. Now approaching RSI support, after failing to break through a key resistance level in late...
eBay is staged to break out of a nearly 15 month consolidation for the second time in the last two years. As depicted above, eBay has repeated the same consolidation pattern from 2011/12. Between duration (450+ days), trading range (~$9), and a sequence of 5 corresponding reaction lows and highs to form a narrowing pennant (to mention just a few), the two periods...
Friends,
I won't post this one on Twitter. Just a quick editorial note here as an analyst, to alert you, the trader, and bring your attention to the fact that some EBAY charts produced on this site have widely differing data. One Ebay chart I just came across has data originating from BATS, whereas the one I have here has data generated from NASDAQ, yet both...
Mildly bearish here. I think we might hit upper trendline and retreat. Current option player either hedging or not. Weekly RSI is waning (but divergences works themselves out over time). Watch that 56 level. ER Jan 22.
EBAY will be interesting to watch this week, each time it has bounced off the trending box the MACD has moved lower. Being a holiday week we may have to wait until next week to see if the bulls or bears are going to win, either way remain flexible. Enjoy the Holidays
Ebay has been trading flat since late 2012. We have seen weeks price move much more easily in declines and then struggle to regain that ground. Volume has also peaked on these declines showing more conviction on the downside. This is opposed to the previous flat trading period from late 2011 to mid 2012 which saw more volume on positive weeks. In the current...
Ebay has been trading in a wide rectangle for almost a year. The 50 dollar level is very significant as outlined, the stock always finding buyers there.
The MACD lines looked really messy, without any pattern, or at least i couldn't figure it out. No pattern in volume either for my eyes (rookie eyes!!!). Therefore, I plotted only the MACD histogram which looks...
Very fast Ruby markings on this short. What I am seeing are very clean entries and significant moves; then as Ruby goes into Ruby's Wallet phase, the reversal happens very fast and has unsettling hits on stops, yet the entry holds during the retracement. Sincerely, Beauty
