Friday, February 28th, 2025
Market UpdatesUS stocks

eBay Inc. (EBAY US): A long position with an entry at 65.0

211
Views
Share on Facebook
Share on Twitter

eBay Inc. (EBAY US)

  • Current Price Movement: eBay shares have reached their highest point since January 2022. The surge in volume accompanying this move adds strength to the bullish sentiment.
  • Indicators:
    • MACD: Positive, supporting the idea that the stock has strong upward momentum.
    • RSI: Overbought, which may indicate some short-term pullback risk. However, strong volume and trend suggest continuation in the medium term.
  • Trading Strategy: A long position with an entry at 65.0, targeting 71.0, and setting a stop at 62.0 provides a balanced risk-reward outlook.Thank you

Related Posts

Market UpdatesSingapore SGX stocks

LHN Ltd – A Sustainable Growth Path
Minichart
September 6, 2024

LHN Ltd – A Sustainable Growth Path LHN Ltd (LHN SP) Recommendation: BUY Target Price: SGD 0.43 Current Price: SGD 0.34 Return Potential: 27% Investment Thesis: LHN Ltd, a Singapore-based real estate management services...

Market Updates

Bank Syariah Indonesia Reports Strong 22% Profit Growth in 2024, Upgrades Earnings Forecast
minichart
February 10, 2025

Comprehensive Financial Analysis: Bank Syariah Indonesia, Bank Central Asia, Astra International In-Depth Financial Analysis: Bank Syariah Indonesia, Bank Central Asia, and Astra International Broker Name: PT UOB Kay Hian Sekuritas Date of Report: Monday,...

Bursa KLSE stocksMarket Updates

Magnum Berhad: ESG Progress and Strategic Outlook Propel Growth
minichart
October 18, 2024

Date of Report: October 17, 2024Broker: Maybank Investment Bank Berhad Overview Magnum Berhad (MAG MK) is one of three national number forecast operators (NFO) in Malaysia, operating under the brand ‘Magnum 4D’ with 471...