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EBAY - Why Can It Rise Again?
EBAY - Why Can It Rise Again?
EBAY - Why can it rise again?
As we have seen in previous quarters, EBAY has reported very good earnings data. Every time above expectations.
On February 22, 2023, EBAY is due to report earnings again.
On the chart, we can also see that the price broke out of a strong structure area adding more value to the bullish move.
Considering that everyone will anticipate the Earnings Report but also
the dividend day which will be at the end of the month we can assume that more liquidity will join the EBAY stock over the next few days.
PS: Be careful as history is showing that on dividend day the price started a bearish move and I don't think you want to get stuck there...
Thanks and good luck!
EBAY - Why can it rise again?
As we have seen in previous quarters, EBAY has reported very good earnings data. Every time above expectations.
On February 22, 2023, EBAY is due to report earnings again.
On the chart, we can also see that the price broke out of a strong structure area adding more value to the bullish move.
Considering that everyone will anticipate the Earnings Report but also
the dividend day which will be at the end of the month we can assume that more liquidity will join the EBAY stock over the next few days.
PS: Be careful as history is showing that on dividend day the price started a bearish move and I don't think you want to get stuck there...
Thanks and good luck!
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