Technical analysis EBAY for 13.04.2022

Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument entered the cloud. The closest support is the level 53.85. The closest resistance is the level 55.00

Key levels

  • 60.30, 57.80, 56.30, 55.00, 53.85, 52.25, 49.80

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 55.00, with Take Profit of 57.80 and Stop Loss of 53.85

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 53.85, with Take Profit of 52.25 and Stop Loss of 55.00
Scenario
Recommendation
BUY STOP

Entry Point
55.00

Take Profit
57.80

Stop Loss
53.85

Key Levels
60.30, 57.80, 56.30, 55.00, 53.85, 52.25, 49.80
Alternative scenario
Recommendation
SELL STOP

Entry Point
53.85

Take Profit
52.25

Stop Loss
55.00
Nikolai Krishtopov
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo

Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.