Sideways trend in EBAY is an opportunity - long at 95.58eBay Inc.BATS:EBAYredwingcoachThis trade is a short term mean reversion trade. The goal is to generate a per day gain that corresponds to a better than 10% annual rate of return (the long term average return for stocks). It is similar to most of the trade ideas I've posted here, using the same entry signals I have in most of those as well. There will be a couple of tweaks here. First, over the last few months, I've been using first profitable close more as my exit signal than I did when the markets were just mindlessly chugging higher. That will be the case here, too, and that is reflected in the trades shown by the arrows on the chart. It is possible, if the trade takes a while, that lots will be tactically added and sold along the way. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation. Secondly, I will be adding a caveat there. If EBAY hits +3% from my entry point at any point prior to a first profitable close, I will exit with that 3% gain. So theoretically, it could close before the end of the first full trading day - and I hope it does.