eBAY INC. - EBAY
Monthly chart shows continued weakness and selling. Price is below all key moving averages on this timeframe, and is in danger of breaking the key LIS of $22.83. No buy signal/pattern evident on this timeframe.
Weekly chart shows the increased selling pressure this past week. Price closed below the small key LIS of $25.10.
Daily chart shows a kicker signal candle pattern in place, as unhappy investors/traders gapped down the open on Thursday's trading session, in their haste to unload their positions. Price remains well below the 8ema on this timeframe at this time. No buy signal/pattern evident on this timeframe.
Saturday, July 19, 2008
EBAY Update for 07.19.2008
Posted by TraderZ at 7/19/2008 11:35:00 AM
Labels: Bill Miller, EBAY, Kicker Signal
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment