JoeAlexander

eBay - Bearish Bias prior to earnings

Short
NASDAQ:EBAY   eBay Inc.
Think eBay may pull back a little, has strong estimated earnings at $0.78. Will only take a short term position, as I shall not hold on earnings announcement.

The eBay stock may rally off its earnings report and retest the long term resistance of the range. I am currently not taking any further positions until I see further confirmation.
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