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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X8/12/2006 12:53:58 PM
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STOCKS TO WATCH #7

stockcharts.com

stockcharts.com

the above chart is of ebay looking at the short term [first chart] and long term [second chart].

Only members of stockcharts.com will be able to view the second chart because if goes back farther than 3 years which is all they allow non members to view.

But what you can see is that ebay on the long term chart should have an up move coming here in this area.

This makes the short term breakout buy able because of the long term chart.

Ebay looks to me to have a great business. Also it is one of only a few tech stocks that is and has traded above the bubble year 2000.

finance.yahoo.com

This company doesnt look like it about to file bankruptcy in the very near future or any competitor taking over. This company is the man in on line actioning.

It stock chart action of late looks like enrons chart pattern. I think it is over done.
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