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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dealer who wrote (43360)10/19/2001 1:07:06 PM
From: stockman_scott  Read Replies (2) of 65232
 
12:17 ET eBay (EBAY) 52.49 -6.57 (-11.1%): -- Update -- Technical -- On the defensive following earnings/downgrade. However, slump has been stymied thus far by its 200 day simple ma (51.9) which was an important level during the Sep slide and the early Oct recovery. Short term will need to see upside follow through beyond 53.45/54 to help neutralize the most recent wave of selling. Failure leaves stock vulnerable to follow through selling pressure with next support in the 50/49.25 area
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