1. Our previous indication for eBay was a weekly bottom due on the week of Sept. 15 (this bottom occurred one week early, during the week of Sept. 8) with substantially higher prices expected.
2. However, our most recent update indicated a likely retest of $51.00 on the downside expected on or around Sept. 22 prior to advancing off the larger weekly bottom.
3. Unfortunately, EBay was unable to complete a retest of $51.00. The market hovered for 5 consecutive days at or above $52.00 before breaking out to substantially higher prices originally expected. This was unusual behavior and likely resulted in a loss on the position. Will message any further entry or indication.