eBay's most recent trend suggests a bullish bias. One trading opportunity on eBay is a Bull Put Spread using a strike $50.50 short put and a strike $45.50 long put offers a potential 15.47% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.50 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock dropped below the $45.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for eBay is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for eBay is bullish.
The RSI indicator is at 42.46 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for eBay
India's delivery men offer prize investment as billions pour into e-commerce
Wed, 29 Oct 2014 21:00:00 GMT
Reuters – * SoftBank joins Amazon.com in hefty investment bets MUMBAI/BANGALORE, Oct 30 (Reuters) – From Japan's richest man to Jeff Bezos, everyone wants a piece of India's booming online retail sector. On Tuesday, SoftBank Corp Chief Executive Masayoshi Son joined Bezos's Amazon.com Inc in pledging heavy investment in an e-commerce industry worth $10 billion and seen quadrupling in five years. Shares in companies like Transport Corp of India and Gati Ltd have surged more than three-quarters this year as industry watchers seek a chance to invest.
Alibaba Faces Hurdles Gaining In U.S. Market
Wed, 29 Oct 2014 20:57:00 GMT
FOMC: Not necessarily more “hawkish”, but certainly appeared a bit “less dovish”
Wed, 29 Oct 2014 20:43:00 GMT
Navigating E-commerce: Alibaba, eBay and Amazon
Wed, 29 Oct 2014 20:42:00 GMT
eBay Inc. Employees Answer the ALS Ice Bucket Chal…
Wed, 29 Oct 2014 18:36:08 GMT
noodls – During the months of August and September, you probably noticed your social media feeds being taken over by videos of people dumping buckets of ice water on their heads. Our employees were not to be left …
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