BUY! WEEKLY CHART - BULLISH INDICATORS

Updated
eBay, the long forgotten company!

Weekly Chart looks good. Although it must break upward resistance around $35.50, it should run higher.

Currently, the stock is trading under the cloud. It does not worry us because indicators are turning up, BULLISH

Almost every indicator is turning BULLISH

MACD - Turning BULLISH

RSI - Turning BULLISH

STOCHASTIC - Turning BULLISH

ON BALANCE VOLUME - Turning Up, BULLISH

ACCUMULATION / DISTRIBUTION Should start moving up after this post!

Position: 30,000 SHARES

PRICE: $34.57 (We took the position on Thursday)

Trade closed: target reached
OUT @ $37.00

WE STILL THINK EBAY WILL MOVE HIGHER LONGER TERM

TIME IS MONEY

PROFIT: $72,900
Trade closed manually
OUT @ $37.00

WE STILL THINK EBAY WILL MOVE HIGHER LONGER TERM

TIME IS MONEY

PROFIT: $72,900
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