CFD Trading – Sell EBay Inc (EBAY.NAS) @ $53.45. Stop @ $55.90 and Target @ $49.60

EBAY Inc. Stock Code EBAY.NAS


Price broke and closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion and Base lines had a bearish crossover, hinting at a bearish price trend. Lagging Span is below price of 26 days ago and below the cloud, confirming the bearish trend. MACD is bearish with both lines below the zero line. MACD is hinting at a bearish price trend. We think price is likely to move lower to the previous low at $49.58 in the next 2-3 weeks.


$53.45                Sell

$49.60                Price Target

$55.90                Risk Management Stop

3 weeks              Trade Duration

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