Auction This

eBay has pattern, price, and time lining up for a potential reversal in price. (EBAY | Quote | Chart | News | PowerRating) is facing a key price support decision from 50.16-53.45, while time analysis is pointing to a potential low on April 5 (+/- one day). I also have a two-step corrective pattern in the making from the March 11 high. I obviously will want to wait for a trigger before I consider a long. If/when I do enter this trade, my stop will be below our price support cluster at $50.16. On the flipside, if EBAY trades down through this key price support zone, my vote is for new lows.