we'll analyze eBay (ebay) for online market trading.
few notes:
1- ebay broke a traingle formed from a resistance at Jan 06 and a support at Jul 07
the triangle depth is 21.93$. 
2- MA11 was broken with high volume,
3- another support line at 28/12/07 was broken at 33.78$ value.
all in all, very strong bearish signals at ebay,
in particular, the triangle break leads to a move of 1/2 of the triangle depth : 10.965$, targetting at 23.685$ stock value. at this level a further examination will be required.
Friday, February 15, 2008
eBay Inc. (ebay) Technical Analysis
That's all for today ... thanks for reading the post,
come back soon for more updates,
use the search to lookup for more interesting stocks you might be interested in,
feel free to leave your comments on the post, or contact me
enjoy your online market trading!!
have a nice day,
Shadi
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1 comment:
Wow! This is wonderful that ebay sellers can do technical analysis also related to online ebay business andthe graph shows that how much profit has been made during the year.
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