Weekly rally, sell signal running out of steam
eBay gains 2.1% as the weekly structure turns bullish and the sell signal fades
Weekly rally, sell signal running out of steam
Our view last week
eBay is in week 2 of a sell signal, and the week that just closed gained 6.5%, pushing the price back near the Inversion Point: signal strength drops to 2 out of 100. The setup quality indicator, at 37 out of 100, stays in the ordinary range, and the stock ranks 135th among the 137 US sell signals.
This week's summary
eBay shares add another 2.1% and the weekly structure has turned fully bullish, with RSI at 68 and price back near its all-time highs — a level already tested several times, where a direct entry stays risky. It's the second straight up week under an active sell signal, now in its third week: signal strength drops to 2 out of 100, the mark of a decline running on fumes. eBay slips to 107th among the 137 US sell signals.
Sell signal in observation
·3rd week from start
·US stocks
·T2
·📅 Earnings · Aug 5
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IQS Phase
35
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#107 / 137
US stocks sell signals
Trade P&L %
-8.65%
from signal to today
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