eBay's most recent trend suggests a bearish bias. One trading opportunity on eBay is a Bear Call Spread using a strike $33.50 short call and a strike $39.00 long call offers a potential 7.42% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $33.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $5.12 would be incurred if the stock rose above the $39.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for eBay is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for eBay is bearish.
The RSI indicator is at 41.34 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
PayPal partnerships pay off, and Venmo could take off next
Thu, 27 Apr 2017 00:07:17 +0000
PayPal Holdings Inc. on Wednesday revealed some of its best financial results since the separation from eBay Inc., reinforcing the modus operandi behind the divorce: The payments company is able to do …
Tech Roundup: NFLX, IBM, LRCX, EBAY, FB
Wed, 26 Apr 2017 21:00:09 +0000
Technology companies like Netflix (NFLX), International Business Machines (IBM), Lam Research (LRCX) and eBay (EBAY) announced results last week even as President Trump's order on H1B visas cast a shadow over tech stocks.
How Is Competition Impacting eBay's Average Spend Per User?
Wed, 26 Apr 2017 17:39:00 +0000
eBay delivered better than expected first quarter results last week, but it still lags far behind its competitors, especially Amazon, as well as the overall e-commerce market in the U.S. in terms of sales growth and market share.
Will Amazon Ever Conquer India’s E-Commerce Market?
Wed, 26 Apr 2017 14:37:32 +0000
Amazon (AMZN) no doubt believes that India is shaping up to be a great place for its e-commerce business. It's already pumped billions of dollars into its Indian venture.
What Are Online Marketplaces And What Is Their Future?
Wed, 26 Apr 2017 10:59:00 +0000
Online marketplaces are the new department store. They offer a range of product that no other store can match.
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