eBAY also looks good here.
eBAY has been in a falling channel since october and has finally been able to break the upper line. It is flirting the 50 sma and seems to be holding it. Will need to hold this level to contine bullish momentum.
a double bottom has also formed at the end of the channel.
A bit of risk here.
Volume is still lacking so it would need to pick up to really send the price up. the 200 sma is a major resistance as of now.
Pt are: 60,64,67.
DYOR,
eBAY has been in a falling channel since october and has finally been able to break the upper line. It is flirting the 50 sma and seems to be holding it. Will need to hold this level to contine bullish momentum.
a double bottom has also formed at the end of the channel.
A bit of risk here.
Volume is still lacking so it would need to pick up to really send the price up. the 200 sma is a major resistance as of now.
Pt are: 60,64,67.
DYOR,