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Short Sell EBAY Trade Alert

There is a classic short sell eBay trade alert based on pure technical analysis. The stock is extremely overbought on every metric, rallying from $26.00 to $40.00 in less than a month. In addition, today price slammed into a down-sloping trend line connecting the pivot highs from April 2018 and July 2019. The combo of this with the overbought signals triggers a strong sell short EBAY trade alert.

Please note, this is a swing short with an expected downside move back to $36.00, maybe $30.00 if the market collapses sharply.

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