Ebay is a good company, but its looking vulnerable to a secondary wave lower.
Ebay, daily
Clear levels..
37+...floor is in..and we're going to challenge for new highs
sub 35..and we'll be looking to test the January breakout level of $32/30.
--
I'm a very big fan of Ebay.. good company, and arguably recession proof to a large extent (poor people selling their stuff online to raise cash theory)...but from a price perspective, Ebay looks vulnerable to 15% fall - the 200 day MA at $32 would indeed be a prime attractor/floor.