Theme images by MichaelJay. Powered by Blogger.

eBay Inc. (EBAY/NASD): general analysis 19 October 2018, 12:01

eBay Inc. (EBAY/NASD): general analysis 19 October 2018, 12:01 Scenario Timeframe Intraday Recommendation BUY STOP Entr...

Best Fx Strategy
Trade Forex On The Next Level ..

No Loss Trading Strategy


I am only an email away -

Message me...

Free Forex Daily Signals On All Major Pairs


FREE FX TRADING SIGNALS
Our Recent Fx Trading Signals Posted Daily

Oct 19, 2018

eBay Inc. (EBAY/NASD): general analysis 19 October 2018, 12:01


Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 32.55
Take Profit 34.00, 35.00, 36.00
Stop Loss 31.00
Key Levels 29.75, 31.00, 32.50, 34.00, 35.30
Alternative scenario
Recommendation SELL STOP
Entry Point 30.90
Take Profit 28.50, 27.00
Stop Loss 32.50
Key Levels 29.75, 31.00, 32.50, 34.00, 35.30
Current trend
Since the beginning of October, eBay shares have declined by 4.4% and are now trading at a premium of 0.5% to a 52-week low. The company specified the date of Q3 report and plans to publish its financial results next week, October 24, after the market closes. Revenue is expected to grow by 10.5% YoY to $2.66 billion from 14.6% YoY with an increase in adjusted net income per share to $0.55.
During the last week, eBay rose 0.48% against the index of 1.47%.
Support and resistance
Shares of the company are trading horizontally. The technical picture is ambiguous. #EBAY quotes test local support and Resistance levels at 31.00 and 32.50, respectively. In the near future, a correction after a prolonged fall is not excluded. Indicators do not give accurate signals: the price has fixed below MA (50) and MA (200); MACD histogram is near the zero line. It is better to open the positions from the key levels.
The comparative analysis of the indicators of the company and its competitors suggests that the shares are underestimated.
Resistance levels: 32.50, 34.00, 35.30.
Support levels: 31.00, 29.75.

Trading tips
Long positions can be opened after the price is set above the level of 32.50. The closing of the profitable positions is possible at the levels of 34.00, 35.00 and 36.00. Stop loss is 31.00.
Short positions can be opened after the price is set below the level of 31.00 with the targets at 28.50–27.00. Stop loss is 32.50.
Implementation period: 3 days.

The Walt Disney Co. (DIS/NYSE): general review 19 October 2018, 11:53


Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 117.80
Take Profit 120.50, 123.00, 125.00
Stop Loss 115.00
Key Levels 109.50, 112.00, 114.50, 117.75, 121.00
Alternative scenario
Recommendation SELL STOP
Entry Point 114.50
Take Profit 110.00, 108.50
Stop Loss 117.00
Key Levels 109.50, 112.00, 114.50, 117.75, 121.00
Current trend
The Walt Disney shares have risen by 4.55% since October 11 and are now trading at a discount of 1.47% to a 52-week high, which was previously updated in early October. The company announced an increase in ticket prices in 4 theme parks by at least 11%.
The Walt Disney offered concessions to the EU antitrust regulator as part of approving a deal to buy Fox assets for USD 71.3 billion.
In the previous week, The Walt Disney stock grew by 4.53%. S&P 500 index went up by 1.47% during the same period.
Support and resistance
The last session of #DIS trading is quite active. However, no clear tendency is observed. Currently, the emitter is consolidating. A technical correction is possible in the near future. Indicators show the strength of the buyers: the price is above MA (50) and MA (200); MACD histogram is in the positive zone. Still, positions should be opened from key levels.
Comparing company's multiplier with its competitors in the industry, we can say that #DIS shares are undervalued.
Resistance levels: 117.75, 121.00.
Support levels: 114.50, 112.00, 109.50.

Trading tips
If the price consolidates above the level of 117.75, one may consider buying #DIS. Potential profits should be locked in by orders at 120.50, 123.00 and 125.00. Stop loss — 115.00.
If the price consolidates below 114.50, the company's shares are expected to correct. The movement potential is aimed in the area of 110.00–108.50. Stop loss — 117.00.
Implementation period: 3 days.

USD/JPY: technical analysis 19 October 2018, 11:45


Scenario
Timeframe Weekly
Recommendation SELL STOP
Entry Point 111.90
Take Profit 110.85, 110.60
Stop Loss 112.30
Key Levels 110.60, 110.85, 111.90, 112.90, 113.20, 113.60
Alternative scenario
Recommendation BUY STOP
Entry Point 112.90
Take Profit 113.20, 113.60
Stop Loss 112.70
Key Levels 110.60, 110.85, 111.90, 112.90, 113.20, 113.60
USD/JPY, D1
On the daily chart, the pair is trading in the lower Bollinger band. The price remains above the EMA65, EMA130 and SMA200 that are horizontal. The RSI is about to test from below its longer MA. The Composite is testing its longer MA as well.

USD/JPY, H4
On the 4-hour chart, the pair is trading in the upper Bollinger band. The price remains on the level with its moving averages that are horizontal. The RSI is growing, having retested its longer MA. The Composite is testing from below its longer MA.

Key levels
Support levels: 111.90 (local lows), 110.85 (November 2017 lows), 110.60 (local lows).
Resistance levels: 112.90 (local highs), 113.20 (July highs), 113.60 (December 2017 highs).
Trading tips
The price keeps failing its strong resistance near 114.50. The downward correction can continue.
Short positions can be opened from the level of 111.90 with targets at 110.85, 110.60 and stop-loss at 112.30. Validity – 3-5 days.
Long positions can be opened from the level of 112.90 with targets at 113.20, 113.60 and stop-loss at 112.70. Validity – 3-5 days.

NZD/USD: the pair is trading in both directions 19 October 2018, 10:49


Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 0.6580
Take Profit 0.6628, 0.6650
Stop Loss 0.6550, 0.6546
Key Levels 0.6481, 0.6500, 0.6522, 0.6546, 0.6576, 0.6600, 0.6628, 0.6650
Alternative scenario
Recommendation SELL STOP
Entry Point 0.6515
Take Profit 0.6481, 0.6460
Stop Loss 0.6546
Key Levels 0.6481, 0.6500, 0.6522, 0.6546, 0.6576, 0.6600, 0.6628, 0.6650
Current trend
NZD showed a decline against USD on Thursday, continuing the correction formed the day before. The reason for the preservation of the "bearish" dynamics was the growth of USD against the background of good statistics from the US and the fall of the Chinese yuan, which intensified the decline in investor interest in risk.
Today, the pair shows a rather active corrective growth. The uptrend of NZD proceeds against the background of the publication of not the most optimistic statistics from New Zealand and China. In September, External Visitors number in New Zealand rose only by 2.1% YoY, as opposed to the growth by 5.4% in August.
Chinese statistics reflected an unexpectedly strong decline in GDP in Q3 2018: from 6.7% to 6.5% YoY with a forecast of 6.6% YoY. In quarterly terms, GDP growth decelerated from 1.8% YoY to 1.6% YoY, which coincided with market expectations.
Support and resistance
In the D1 chart, Bollinger Bands are reversing horizontally. The price range is narrowing, reflecting the emergence of ambiguous trading dynamics. MACD indicator is growing keeping a moderate buy signal (located above the signal line). Stochastic is going down, retreating from its maximum levels and pointing to the risks of developing a downward correction in the short and/or ultra-short term.
It is necessary to wait for the trade signals from technical indicators to become clear.
Resistance levels: 0.6576, 0.6600, 0.6628, 0.6650.
Support levels: 0.6546, 0.6522, 0.6500, 0.6481.


Trading tips
To open long positions, one can rely on the breakout of 0.6576. Take profit — 0.6628 or 0.6650. Stop loss — 0.6550 or 0.6546.
A breakdown of 0.6522 may become a signal to further sales with target at 0.6481 or 0.6460. Stop loss — 0.6546.
Implementation period: 2-3 days.

EUR/USD: euro remains under pressure 19 October 2018, 10:48


Scenario
Timeframe Intraday
Recommendation BUY STOP
Entry Point 1.1465, 1.1475
Take Profit 1.1580, 1.1600
Stop Loss 1.1430
Key Levels 1.1352, 1.1400, 1.1430, 1.1460, 1.1500, 1.1522, 1.1547
Alternative scenario
Recommendation SELL STOP
Entry Point 1.1425
Take Profit 1.1352
Stop Loss 1.1460, 1.1470
Key Levels 1.1352, 1.1400, 1.1430, 1.1460, 1.1500, 1.1522, 1.1547
Current trend
Yesterday, EUR fell significantly against USD, renewing its lows since October 10, due to the general strengthening of USD after strict Fed’s statements on further interest rate growth. USD was additionally supported by a sharp decline in the Chinese yuan, which continues today due to poor data on China's Q3 GDP.
EUR is under pressure of uncertain Brexit prospects and the tightening of the situation around the Italian budget for the next year. Yesterday, investors were focused on the summit of EU leaders in Brussels. There were no new proposals to solve the Irish border problem, and an agreement with the UK was not concluded. However, officials are developing a new mechanism to allow the UK to leave the EU as painlessly as possible. The idea is to extend the negotiations on the Irish border for a certain period after the end of the Brexit procedure itself.
Support and resistance
On the daily chart, Bollinger bands are moderately reduced. The price range is narrowing, letting the "bears" renew local lows. MACD is decreasing, keeping a moderate sell signal (the histogram is below the signal line). Stochastic falls, however, is in close proximity to zero values, which reflects that EUR is oversold in the super short term.
It is better to keep current short positions until the situation is clear.
Resistance levels: 1.1460, 1.1500, 1.1522, 1.1547.
Support levels: 1.1430, 1.1400, 1.1352.


Trading tips
Long positions can be opened after a reversal near the current support levels and the breakout of 1.1460–1.1470 with the target of 1.1580 or 1.1600. Stop loss is 1.1430. Implementation period: 2–3 days.
Short positions can be opened after the breakdown of 1.1430 with the target at 1.1352. Stop loss is 1.1460–1.1470. Implementation period: 1–2 days.

ATT Inc.: wave analysis 19 October 2018, 09:39


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 32.37
Take Profit 34.85, 36.80
Stop Loss 30.11
Key Levels 29.00, 30.11, 34.85, 36.80
Alternative scenario
Recommendation SELL STOP
Entry Point 30.05
Take Profit 29.00
Stop Loss 30.65
Key Levels 29.00, 30.11, 34.85, 36.80
The price is in correction and can grow.
On the 4-hour chart, the downward correction of the higher level developed as a wave (2). Now the formation of the third wave (3) has begun, within which the first wave of the lower level i of 1 of (3) has formed, and the downward correction ii of 1 is developing. If the assumption is correct, after the end of the correction the price will grow to the levels of 34.28–36.80. In this scenario, critical stop loss level is 30.11.


Main scenario
Long positions will become relevant after the end of the correction, above the level of 30.11 with the targets at 34.85–36.80. Implementation period: 7 days and more.
Alternative scenario
The breakdown and the consolidation of the price below the level of 30.11 will let the price go down to the level of 29.00.

Intel Corp.: wave analysis 19 October 2018, 09:37


Scenario
Timeframe Weekly
Recommendation SELL
Entry Point 45.93
Take Profit 39.35
Stop Loss 49.69
Key Levels 39.35, 49.69, 53.30, 57.68
Alternative scenario
Recommendation BUY STOP
Entry Point 49.75
Take Profit 53.30, 57.68
Stop Loss 48.55
Key Levels 39.35, 49.69, 53.30, 57.68
The price can decrease.
On the 4-hour chart, the downward correction develops as a fourth wave 4 of the higher level. Locally the wave c of 4 is forming, within which the local correction (ii) of c has ended. If the assumption is correct, the price will fall to the level of 39.35. In this scenario, critical stop loss level is 49.69.


Main scenario
Short positions will become relevant during the correction, below the level of 49.69 with the target at 39.35. Implementation period: 5–7 days.
Alternative scenario
The breakout and the consolidation of the price above the level of 49.69 will let the price grow to the levels of 53.30–57.68.

USD/CHF: wave analysis 19 October 2018, 09:35


Scenario
Timeframe Weekly
Recommendation BUY
Entry Point 0.9965
Take Profit 1.0068, 1.0170
Stop Loss 0.9865
Key Levels 0.9700, 0.9748, 0.9847, 1.0068, 1.0170
Alternative scenario
Recommendation SELL STOP
Entry Point 0.9840
Take Profit 0.9748, 0.9700
Stop Loss 0.9900
Key Levels 0.9700, 0.9748, 0.9847, 1.0068, 1.0170
The pair can grow.
On the 4-hour chart, the downward correction of the higher level developed as a wave 2. Now the formation of the wave 3 has begun, within which the upward momentum has formed as a wave i of 3 of the lower level, and the local correction ii of 3 has developed. If the assumption is correct, the pair will grow to the levels of 1.0068–1.0170. In this scenario, critical stop loss level is 0.9847.


Main scenario
Long positions will become relevant during the correction, above the level of 0.9847 with the targets at 1.0068–1.0170. Implementation period: 7 days and more.
Alternative scenario
The breakdown and the consolidation of the price below the level of 0.9847 will let the pair go down to the levels of 0.9748–0.9700.

Best Binary Options Signals Service Providers


Binary Options Pro Signals
Top-Rated Signals for Binary Options

Up to 88% per Trade Our winning binary options signals will generate up to 88% profit PER TRADE. Stocks and Currencies We monitor 14 assets through London and US Market Sessions. SMS, Email and Web Signals will be sent to you Real Time via SMS/Text, Email or both!

Binary Options Pro Signals Click here...
Binary Trading Signals Live!
Join now and get LIVE, exclusive access to..

KILLER Binary Options and Forex Strategies We Use Daily INCREDIBLE In Depth Market Analysis On Multiple Assets QUALITY Trading Education and Discipline Training Binary Options Trading Signals Is The Premier Signal Service For Binary Options As You Watch A Live Trader With Over 10 Years Of Experience!

Binary Trading Signals Live Click here...
Quantum Binary Signals
Professional trading signals sent to your mobile.

Follow our trades today and make up to 270% a day. Real hedge funds traders with 20 years of experience, Up to 5 trades a day by email or SMS, Simple and takes only two minutes a day.. Binary options, forex, commodities, stocks and indices, 75-85% monthly success rate, No experience needed..

Quantum Binary Signals Click here...
Night Owl Signals
The most amazing thing is here..

Our service is astonishingly easy to use. Night Owl Signals Is A Live Trading Room Which Offers Traders A Unique Experience Following And Watching A Professional Trader Trade Live. The Service Starts At 8:30 Pm And Goes Until 10:00 Pm On Monday Through Thursday.

Night Owl Signals Click here...

Contact Us


No Loss Forex Trading Strategy
Click on Contact me.. >>>


If you are interested or have any questions - Contact us!