Time To Take A Look At Ebay? (ebay)

Discussion in 'Investment Charts' started by longtermbull, Dec 6, 2017.

  1. longtermbull

    longtermbull Administrator Staff Member

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  2. Chartman

    Chartman Senior Investor

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    Interesting - I wonder if some of this is because of the seasonal effect? People buying before Xmas and lots of sellers in the New Year selling gifts they dont need?
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    We are approaching that time of year again when people look to list those unwanted Xmas gifts on eBay - time to buy? Short term share price spike on the way?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    I agree - auction sites have come and gone but eBay is the only globally recognised online auction site.
     
  5. Chartman

    Chartman Senior Investor

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    Is eBay the Amazon of the auction world? One to buy and just tuck away for your retirement?
     
  6. longtermbull

    longtermbull Administrator Staff Member

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    I wonder if Amazon will ever enter this market?
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Amazon is a totally different business model - however, it does look as though the eBay share price is set for a run higher if it can break imminent resistance on the upside.
     
  8. Chartman

    Chartman Senior Investor

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    After hopes that they would push ahead, eBay seems to be under a bit of pressure at the moment. Once they settle down, personally I think this is the type of stock you buy in small chunks and just tuck away.
     
  9. gowiththeflow

    gowiththeflow Senior Investor

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    Looks as though there is quite a bit of downside potential in the short term if it breaks through support levels. Still one to buy and tuck away but I would prefer to buy on really bad days :)
     
  10. Buyonthedips

    Buyonthedips Senior Investor

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    I agree with others, this is a buy and tuck it away stock. The company just quietly goes about its own business - it has even dropped former subsidiary PayPal in favour of another payment processing company.
     
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