Trade Idea: EBAY – Bounce Trade

Bounce Trade

A slightly more interesting possible Bounce Trade setup on EBAY this weekend? Look for good bouncing price action off the key support level around $50 in order to get long.

  • Entry: Go long after any solid bounce price action rejecting the support level around $50
  • Stop Loss: Beneath the most recent swing low and channel support level
  • Target: The channel resistance level at $57

Leave a Reply

Your email address will not be published.(required)