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EBAY - bat man


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#1 Trend-Signals

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Posted 17 July 2007 - 05:21 PM

EBAY will report tomorrow. It had a false breakout after the last earning report.

It closed at resistance with a batman formation. :D

For major markets, I am looking for a moderate correction to reset negative breadth.

http://investorshub....age_id=21322778

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http://stockcharts.c...68161&r=443.png

Edited by Trend-Signals, 17 July 2007 - 05:24 PM.

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#2 ogm

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Posted 17 July 2007 - 05:33 PM

So far most of those who reported went down for this or that reason. EBAY has issues with US growth. And even though PayPal was an incredible aquisition, their last aquisition, Skype, was kinda questionable and I'm still not sure what they are going to do with it. Overall, its pretty pricey. Plus the stock ran up pre-earnings on expectations. And considering slow US growth, I think every after earnings pop may be short lived. Like the last time. That is if there will be a pop. Looking at that chart, the stock may very well be in stuck in that channel between 30-35 or so. I don't see any particular reason why it should break out, and earnings most likely won't provide one either. Just guessing.

Edited by ogm, 17 July 2007 - 05:35 PM.


#3 Trend-Signals

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Posted 17 July 2007 - 05:41 PM

Agree with your assessment. In particular, I still remember hiker killed EBAY breakout after the last earning report. :P He must be shorting YHOO right now.

Will see & Good luck



So far most of those who reported went down for this or that reason.

EBAY has issues with US growth. And even though PayPal was an incredible aquisition, their last aquisition, Skype, was kinda questionable and I'm still not sure what they are going to do with it.

Overall, its pretty pricey. Plus the stock ran up pre-earnings on expectations. And considering slow US growth, I think every after earnings pop may be short lived. Like the last time. That is if there will be a pop.

Looking at that chart, the stock may very well be in stuck in that channel between 30-35 or so. I don't see any particular reason why it should break out, and earnings most likely won't provide one either.

Just guessing.


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#4 hiker

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Posted 17 July 2007 - 06:11 PM

a very common subscription service said at 16:45 time stamp YHOO that co. needed in CC to provide solid answers in the CC or shares could sell off to the $26 area .and then gave blow by blow CC details FWIW

#5 Trend-Signals

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Posted 17 July 2007 - 06:28 PM

CEO Yang needs to fire a bunch of staff, then sell the company to MSFT to shoot up the price like AMZN with PE 125.

cc details? thanks


a very common subscription service said at 16:45 time stamp YHOO that co. needed in CC to provide solid answers in the CC or shares could sell off to the $26 area

.and then gave blow by blow CC details

FWIW


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