It was an intense week across all the markets! We saw decent movements of major pairs, gas, stock indices, and oil prices. What should we trade this week? Time to check!
Stock market: eBay met resistance
2019-11-11 • Updated
SELL 37.00; TP1 36.50; TP2 35.80; SL 37.20
The stock price of eBay Inc. formed a “Shooting star” pattern on W1. Notice that last week the stock tested 61.8% Fibo retracement of the 2018 decline (39.00). A correction to the downside is very likely now. The natural downside targets for the downside lie at 36.50 (50% Fibo) and 55.80 (100-week MA).
Are you searching for trade opportunities for December 6-10? Here you go!
What happened? Sir Richard Branson risks losing his grip on Virgin Galactic as he continues to sell down his stake in the space tourism venture to fund his pandemic-hit businesses…
What happened? US stocks ended sharply higher on Thursday, May 27, after a 7-week losing streak…
Next week, we expect the BOC rate statement, the OPEC+ meeting, and the Nonfarm payrolls release. Let's look at the opportunities in detail!
Amazon announced the company is going to make a 1 – 20 stock split on June 3 after the trading session close (23:30 GMT+3).