Adsense

Tuesday, February 14, 2017

Annual Forecast on Ebay (2017)

Ebay shares (NASDAQ:EBAY) have been trending upwards since the last several months. The market is in a clear uptrend and this is what is supposed to happen most of this year.



4 EMAs are used for this analysis, and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart.

All the 4 EMAs are sloping upwards, suggesting a nice uptrend. Price may pull back temporarily into EMAs 10 or 20, even 50 (along the way). But such pullbacks would only result in a nice buying opportunities.

This year, Ebay may test the resistance lines at 40.00, 50.00 and 60.00.



Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies:  Super Strategies
  

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng


Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 


1 comment:

  1. QUANTUM BINARY SIGNALS

    Professional trading signals delivered to your cell phone daily.

    Start following our signals today & profit up to 270% a day.

    ReplyDelete

The default minimum deposit amounts are: $100 for Micro accounts, $500 for Pro-Managed accounts, and $2,000 for Pro accounts However, an optional "suggested deposit amount" parameter may be used.