$EBAY am I foolish to not sell immediately on Monday AM?

Global Markets Stocks and Indexes
1

Hey everyone-

Out of nowhere during the last hour of trading, EBAY decided that it want to shoot off to the moon. I tried to sell part of my stake at close on Friday, but didn’t get it in before the bell (was also wrapped up in REGN/WORK/TTD).

I don’t see a good reason EBAY would hold at . $45.75 other than pure sentimental factor. Here’s what I’m conisdering:

  1. HOLD all still carrying bullish sentiment. Create alerts at fibanocci extension levels and reevaluate if sell all/part of stock.
  2. Set MARKET sell for half of owned stock. Hold the other half and see where it goes from there. Could also sell 1/3 @ market open.
  3. Sell all , take profits and run.

Anyone having same feelings/decisions? Thoughts/Input? Any is appreciated.

Thanks.

2

Option 3, profit.

3

$$$$ > 0 dollars. Think you made my decision for me . Thanks!

4

Very often, buying late on a Friday is followed by a continuation with early buying on a Monday, so I would not be tempted to enter an immediate pending sell order. But although the share is in a consistent uptrend (so Friday’s rise really is not out of the blue) nevertheless an unusually large up move is often followed by a little profit-taking. I’d be tempted to close Monday as this starts to occur, even if it means leaving the highest prices on the table. I would not wish to hold overnight to Tuesday.

In an uptrend like this, expect some price weakness in the next few days and another opportunity then to enter long.