eBay Inc. Trading Analysis (23/01/2025)
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
- Buy at the beginning of the formation of the ascending wave structure, when wave A breaks the sloping channel of the descending truncated structure.
- Stop-loss below the local minimum of the descending structure at 63.80.
- Price targets at 66.32 and 69.60.
#ebay #stock #stocktrading #tradingstrategies #tradingmt5
