EBAY, REVERSAL COMING!

Hello fellow traders and investors, here's another trade idea.
EBAY has recently pulled back to the bottom of the channel and if it makes a recovery to the previous high it offers a 16% ROI.

Technicals:
The Macd indicates that it's still in a downtrend
The RSI indicates that it's oversold
The volume indicates that the selling volume is getting exhausted so we will most likely see a reversal coming.

When To Buy:
Now

When To Sell:
At the previous high.

Fundamentals: EBAY operates as a commerce company. The company platforms include the online marketplace and its localized counterparts. They have a P/E of 14.53, a P/S of 3.42, a debt/equity of 1.86 which is very bad, sales growth Q/Q of 40%, an EPS growth Q/Q of 44.20%, an ROI of 15.80%, and a short float of 2.70%.

Rating: 90/100 the technicals look amazing but their debt/equity is a little scary so they deserve a 90/100.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed please leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
Fundamental AnalysisTechnical IndicatorsTrend Analysis

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