|
|
News Breaks | | | | March 19, 2013 | | 10:30 EDT |  | EBAY | eBay rises, levels to watch
The shares have been under pressure since peaking back in mid-February. The $50 area has been important support, and was the level from which shares rose to that mid-February peak. It appears today that the $50 level has held and we are seeing a technical bounce as a result. Resistance based on the current price of $51.08 is at $52.40. That is the last position of the 10-day moving average. This moving average has been a very good proxy for downtrend resistance. For the stock to be back in bullish mode, it will need to take the 10-day out on the upside. Support is at the $50 area. A break below $50 would be bearish. Cantor upgraded the stock to Buy today, with a $56 price target. | |
|
News For EBAY From The Last 14 Days Check below for free stories on EBAY the last two weeks. |
|
|
| June 18, 2013 | | 11:33 EDT |  | EBAY | eBay confident Paypal will receive regulatory approval in China, TechInAsia says
 Subscribe for More Information | | | June 13, 2013 | | 07:09 EDT | | EBAY | Mobile payment companies becoming more competitive, LA Times says
Subscribe for More Information | | | June 11, 2013 | | 06:10 EDT |  | EBAY | ChannelAdvisor reports Amazon, eBay SSS for May
Subscribe for More Information | |
|
|
|
|
|
|
