CFD Trading – Buy EBAY Inc. (EBAY.NAS) @ $44.60. Stop @ $42.20 and Target @ $49.60.

EBAY Inc. Stock Code EBAY.NAS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish.  Conversion and base lines could be about to have a bullish crossover. Lagging Span is below price of 26 days ago but is above the cloud. MACD has a bullish crossover and is hinting at a bullish price trend. We think price is likely to move higher to the previous price high at $49.67 in the next 2-3 weeks.

Strategy                  

$44.60                Buy

$49.60                Price Target

$42.20                Risk Management Stop

3 weeks              Trade Duration

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