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eBay Inc. Trading Analysis (09/07/2024)

09.07.2024

Market Review

The trend is ascending. The stock trades in the range between 365 and 135 ЕМА. The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

Buy at the breach of 52.94.
Stop-loss at 52.00.
Price targets at 54.20 and 54.94.

#ebay #stock #stocktrading #tradingstrategies #tradingmt5

Author: GC

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