Dashboard

Solid News

eBay Inc. in Anticipation of Improved Quarterly Results

2/6/2023 3:10 PM

Shares of eBay Inc., an American online retailer, are correcting at 50.00.

The issuer is confidently expanding its presence in the market with the help of the KnownOrigin non-fungible token platform, acquired in June last year. Although the NFT segment is in a deep recession, the corporation expects the situation to change soon. So, last week, eBay Inc. entered an agreement with the online platform Notable Live, which connects fans with teams, leagues, and players, according to which users will be offered innovative solutions for interaction.

The company's financial report will be released on February 22: according to analysts' preliminary forecast, revenue for the quarter could be about 2.46B dollars, which exceeds the previous period's figure of 2.40B dollars, and earnings per share (EPS) is expected to be around 1.06 dollars, which is also above the 1.00 dollars previously. The date of the new dividend payment may be announced after the statistics release, but it is already obvious that the corporation has no reason to refuse annual indexation, which can reach 0.24–0.26 dollars per stock.


On the daily chart, the trading instrument is working out the global Head and shoulders reversal pattern, preparing to continue growing.

Technical indicators give a signal to buy: the range of fluctuations of the EMA on the Alligator indicator is expanding, and the AO histogram forms bars with an upward trend, increasing in the buying zone.

Resistance levels: 52.20, 56.50. | Support levels: 48.60, 44.00.

Find Us
Registered Address : Bonovo Road – Fomboni Island of Mohéli – Comoros Union
Sofia, PO Box 1407,14 Flip Kutev Str. Floor 2, Industrial area Hladilnika, Bulgaria
Mail Us
[email protected]
Call Us
+35 924 928 392


Risk Warnings
Solid ECN Securities LLC offers trading on Foreign Exchange (‘Forex’ or ‘FX’) and Contracts for Difference (‘CFDs’), which are complex financial products that are traded on margin. They carry a high level of risk since leverage can work both to your advantage and disadvantage. As a result, these products may not be suitable for all investors, as loss of all invested capital may occur. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved and consider your investment objectives and level of experience. Seek independent advice, if necessary.
Solid ECN Securities LLC does not issue advice, recommendations or opinions in relation to acquiring, holding or disposing of a CFD. Solid ECN Securities LLC is not a financial advisor and all services are provided on an execution-only basis. This communication is not an offer or solicitation to enter into a transaction and shall not be construed as such.
This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.
By using solidecn.com you agree to use our cookies to enhance your experience.
Solid ECN Securities LLC is authorized and regulated by the Comoros Union with reference number HY00623411.
Disclaimer 1: The information provided on this site is not intended for residents of any country or jurisdiction where its distribution or use would violate local laws or regulations.
Disclaimer 2: Solid ECN Securities LLC and it affiliates does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.
Copyright All Right Reserved 2024 SolidECN.com