eBay Inc. Trading Analysis (28/04/2025)
The trend is descending. The stock is trading in the range between 365 and 135 ЕМАs. The upward wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
- Sell at the beginning of the formation of the descending wave structure, when wave A breaks the sloping channel of the ascending truncated structure.
- Stop-loss at 68.00.
- Price targets at 64.20 and 59.20.
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