EBAY short Thursday +5.66%
Further to the bearish setup with charts POSTED HERE for EBAY, the short entry on Thursday POSTED HERE was rewarded with a near-perfect entry and the position moved nicely green to +5.66% the last 2 days. Stop to even and see what the market delivers.
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[…] Further to previous charts mentioned on EBAY (HERE, HERE, and HERE), intraday fuzzy C resistance highlights a great place to short with tight r/r. One might target gaps lower on the daily chart, as previously mentioned, or considering the risk of only $0.15 or 0.57%, target 10 times risk, or $24.72 for +5.7%. […]
Technical Analysis and Online Trading of Stocks and Futures - September 22nd, 2006 at 10:38 am