viernes, 30 de mayo de 2014

#EBAY Stock Analysis and Forecast. Last Price $50.14 (-0.50%) 05-30-2014.

#EBAY Stock Analysis and Forecast. Last Price $50.14 (-0.50%) 05-30-2014.
Hi mates. I would to talk about #EBAY. In my opinion this stock is oversold and can bring us a good oportunity to buy.

Let´s see the Chart.






Since the 1Q Earnings Report, the stock is moving inside a box, As you can see on the Chart. Actually there´s a good oportunity to buy because the price is just in the lower point of the box.

Supports and Resistances:
S1:49.78 S2:48.05 R1:52.93 R2:54.78

The MACD is moving flat below the signal and below zero.
The RSI is at 35%.
The Stochastic is at 34% very close to the oversold zone. I think will bounce in the next sesions.
The DMI shows us that this stock is oversold too.

In this case is difficult so stablish a buy range. In my opinion we have a good oportunity to buy today.

A valid buy range could be [Actual price;$51.05].

I have established the break point above $52.73.

And the Actual targets are:
Tg1:$51.19 Tg2: $52.3 

I recomend to buy this stock and look for the targets.
In my opinion this stock is oversold and it´s probably that will bounce soon above $53.
And that´s all for the moment.

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