Overall, 
EBAY is bullish.
- Rejecting the .618 fib
- Oversold in the MFI
Trapped in a channel
For day traders, buy now and TP at $51.40-$52 (Double Top formation)
For swing traders, buy now and hold through the "double top" sell off that might happen
OR wait for price to come down to $46.50 which is our BEST buying area
I think that since we are so low in the channel, buying in this area is good.
EBAY is bullish. - Rejecting the .618 fib
- Oversold in the MFI
Trapped in a channel
For day traders, buy now and TP at $51.40-$52 (Double Top formation)
For swing traders, buy now and hold through the "double top" sell off that might happen
OR wait for price to come down to $46.50 which is our BEST buying area
I think that since we are so low in the channel, buying in this area is good.
Trade closed: target reached
Target of $52 hit.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.