(EBAY) Pivots Trading Plans and Risk Controls

November 20, 2024, 01:04 am ET, BY James G.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for EBAY

• Buy EBAY near 60.1 target 64.16 stop loss @ 59.93 Details

The technical summary data tells us to buy EBAY near 60.1 with an upside target of 64.16. This data also tells us to set a stop loss @ 59.93 to protect against excessive loss in case the stock begins to move against the trade. 60.1 is the first level of support below 61.1 , and by rule, any test of support is a buy signal. In this case, support 60.1 would be being tested, so a buy signal would exist.

• Short EBAY slightly under 64.16, target 60.1, stop loss @ 64.35 Details

The technical summary data is suggesting a short of EBAY as it gets near 64.16 with a downside target of 60.1. We should have a stop loss in place at 64.35though. 64.16 is the first level of resistance above 61.1, and by rule, any test of resistance is a short signal. In this case, if resistance 64.16 is being tested, so a short signal would exist.

Swing Trading Plans for EBAY

• Buy EBAY slightly over 62.65, target 64.16, Stop Loss @ 62.47 Details

If 62.65 begins to break higher, the technical summary data tells us to buy EBAY just slightly over 62.65, with an upside target of 64.16. The data also tells us to set a stop loss @ 62.47 in case the stock turns against the trade. 62.65 is the first level of resistance above 61.1, and by rule, any break above resistance is a buy signal. In this case, 62.65, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EBAY slightly near 62.65, target 61.1, Stop Loss @ 62.83. Details

The technical summary data is suggesting a short of EBAY if it tests 62.65 with a downside target of 61.1. We should have a stop loss in place at 62.83 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 62.65, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for EBAY

• Buy EBAY slightly over 61.64, target 62.65, Stop Loss @ 61.5 Details

If 61.64 begins to break higher, the technical summary data tells us to buy EBAY just slightly over 61.64, with an upside target of 62.65. The data also tells us to set a stop loss @ 61.5 in case the stock turns against the trade. 61.64 is the first level of resistance above 61.1, and by rule, any break above resistance is a buy signal. In this case, 61.64, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short EBAY slightly near 61.64, target 61.1, Stop Loss @ 61.78. Details

The technical summary data is suggesting a short of EBAY if it tests 61.64 with a downside target of 61.1. We should have a stop loss in place at 61.78 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 61.64, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Ebay Inc. (EBAY) available here: EBAY.

EBAY Ratings for November 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	60.1
P2	60.75	61.1	64.16
P3	61.64	62.65	68.07

AI Generated Signals for EBAY

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This Ebay Inc. (NASDAQ: EBAY) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for EBAY change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if EBAY is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for EBAY too.  All of these are offered below the Summary Table.