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

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

EBAY Inc. Stock Code EBAY.NAS

Outlook

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.

Strategy                  

$53.45                Sell

$49.60                Price Target

$55.90                Risk Management Stop

3 weeks              Trade Duration

CFD Trading – Buy EBAY Inc (EBAY.NAS) @ $54.80. Stop at $50.90 and Target at $60.90

EBAY Inc. Stock Code EBAY.NAS

Outlook
Price tried to move above the cloud last Friday but was unable to move above the cloud, closing the day just below the upper edge of the cloud. However, price managed to move above a mini W-shaped price pattern, which could be the start of a breakout that lead price to $59.18. Conversion line and Base line had a bullish crossover, hinting of a bullish trend ahead. Lagging Span is above price of 26 days ago but is just below the lower edge of the cloud at the moment. MACD is bearish at the moment but is near to the zero line and could soon move above the zero line. There was a V-shaped Ichimoku price breakout which gives us a price projection target of $59.18. A bigger E price projection target gives us a price target of $61.22 which is also near to the 52-week high at $60.88.

Strategy                  
$54.80                Buy
$60.90                Price Target
$50.90                Risk Management Stop
3 weeks              Trade Duration

CFD Trading – Sell EBAY Inc. (EBAY.NAS) @ $49.80. Stop @ $52.20 and Target @ $40.05

EBAY Inc. Stock Code EBAY.NAS

Outlook
Price broke below the cloud on 16 September 2020 after moving above the cloud since 16 April 2020. The decline had started after price reached a high of $60.88 on the 13 July 2020. Conversion and Base lines had a bearish crossover starting the bearish trend before price broke below the cloud. Lagging Span is below price of 26 days ago but is inside the cloud at the moment. Lagging Span is near to the lower edge of the cloud and a move below the cloud is likely if price has another down day. MACD is bearish with both of its lines far below the zero line. MACD is pointing down, which is a hint that price may be moving lower to the next support at $40.05

Strategy
$49.80                Sell
$40.05                Price Target
$52.20                Risk Management Stop
3 weeks Trade Duration

CFD Trading – Buy EBAY INC(EBAY.NAS) @ $56.80 Stop at $53.05 and Target at $61.25

EBAY INC Stock Code EBAY.NAS

Outlook
Price broke above the cloud on 16 April 2020 and has been in an uptrend, reaching a high of $61.06 on 13 July 2020. After that high price has been in a consolidation. The decline brought price to the upper edge of the cloud which is likely to provide support. Twice during the consolidation, price has managed to hold above $53.70. Conversion and Base lines have not had a bullish crossover as yet. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is bearish but is near to the zero line. MACD had a bullish crossover in the previous trading session, hinting that a trend reversal could be underway.

Strategy                  
$56.80                Buy
$61.25                Price Target
$53.05                Risk Management Stop
3 weeks              Trade Duration