eBay's most recent trend suggests a bullish bias. One trading opportunity on eBay is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 14.94% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $70.00 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 72.77 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
Better E-Commerce Stock: Shopify or eBay?
Wed, 01 Sep 2021 15:21:48 +0000
At first glance, eBay (NASDAQ: EBAY) and Shopify (NYSE: SHOP) do not seem to compare well. Other e-commerce sites appear to have eclipsed the performance of eBay's once-popular online auction site, while Shopify seems to have transcended the competition as its stock levels off near recent highs. Given this change, some might wonder whether eBay could potentially become a more lucrative investment than Shopify.
Is Shopify Stock A Buy After Reclaiming These Key Levels?
Wed, 01 Sep 2021 14:26:17 +0000
Shopify has recorded more than $1 billion in quarterly sales for the first time. But is the stock a buy right now?
3 Reasons to Consider eBay Stock Right Now
Tue, 31 Aug 2021 15:54:29 +0000
This e-commerce stock has been on fire in 2021 — but it's not too late to get your share of the action.
2 Inexpensive Dividend Stocks to Consider
Sat, 28 Aug 2021 14:15:00 +0000
Investing in stocks that pay dividends can be a good way to generate income. Additionally, companies that pay dividends tend to be more mature, offering stable earnings and cash flows — features that can make an investment less risky. Target (NYSE: TGT) and eBay (NASDAQ: EBAY) could be good candidates if you're looking for dividend stocks to add to your portfolio.
3 Top Stocks That Just Blew Away Wall Street Expectations
Sat, 28 Aug 2021 13:00:00 +0000
The second-quarter earnings season was packed with mostly good news for investors. Many of the market's biggest companies, from retailers to tech giants, raised their 2021 outlooks following a surprisingly strong first half of the year.
Related Posts
Also on Market Tamer…
Follow Us on Facebook