pardeepk

EBAY: High Volume potential breakout trade

Long
NASDAQ:EBAY   eBay Inc.
Price had came back to a minor resistance area on the daily chart for EBAY. When price came back to this resistance area, there was a surge in volume/volume was above average. This could mean that investors are buying a lot of shares at this breakout level, and so EBAY could go up in the short-term future.
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