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madeinthetail

EBAY Long 2-6 Weeks

Long
eBay Inc. (NASDAQ:EBAY)  
madeinthetail  
NASDAQ:EBAY   eBay Inc.
Trend Analysis Chart Patterns Beyond Technical Analysis EBAY amazon ecommerce Value valueinvesting
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trendanalysis chartpattern beyondta ebay amazon ecommerce value valueinvesting
Technicals and valuation support a bullish rebound. Supports at 35 from the channel it has been trading in since June. PE of 5.2 is a steal in this market where the S&P trades at a PE of 25. Excellent margins support their profitability. There should be enough space in e-commerce for both Ebay and Amazon AMZN allowing both to continue to grow.
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