Purchase of eBay Inc. (#EBAY) shares.
The weekly chart shows how the price turned up twice from the MACD indicator line. With the Marlin oscillator confirming the entry into the growth zone, we can expect the share price to continue to rise to the target levels defined by the Fibonacci grid: 64.80 – the top of January in the area of the 110.0% Fibonacci level and 69.30 - the 123.6% Fibonacci level.
On the daily chart, the price went over the MACD line with the simultaneous transition of the Marlin to a growing position. There is a signal to buy.
Sale of Walmart Inc. (#WMT) shares.
At the junction of the current and the previous week, the price retested the level of 134.73 – the minimum of September last year. Now it is heading down, probably to the nearest target level of 125.35 – the top of November 2019 and further to 121.68 – the top of December 2019.
On the daily chart, the reversal from the level of 134.73 is confirmed by the reversal of the signal line of the Marlin oscillator from its own zero line, which is the dividing line of the rising and falling trends.