EBAY eyes on $50.60: break should run to $66, then re-evaluate
Updated
EBAY poised for breakout from double-fib resistance.
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.
$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.
========================================================
This resistance has imposed itself several times already.
So all humans/bots/algos are keenly aware of this level.
$ 50.65-50.68 is the immediate resistance to flip into support.
$ 65.92-66.16 is the final target, with some hurdles in between.
$ 46.73-46.98 is the first good support in case bears reject here.
========================================================
Trade closed: target reached
Target HIT
Nice vertical sprint to the finish line!
May keep going, but likely to dip some.
Take some profits, trail stop on the rest.
.
I have posted an updated plot with extended targets for bulls wave:
================================================================
.
Trade active
GORGEOUS
Perfect Retest of our key zone.
Good spot to enter/add to longs.
Also good shield to put SL under.
==================================================================
.
Related publications
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.