Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: At_The_Ask who wrote (69155)	3/20/2003 4:48:21 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

Why? Once it got by the resistance at around $78, there was nothingn but air for the next $11.

To: At_The_Ask who wrote (69155)	3/20/2003 5:15:46 PM
From: Henry J Costanzo	Read Replies (1) \| Respond to of 209892

FYI, and FWIW, by my old-fashioned, simple chart chasing, EBay has shown up for sometime as one of the strongest stocks around: Has been in an uptrend since early 2001; has been forming a massive bullish ascending triangle since mid-2001, which it broke out of at the beginning of this year, and which measures to around 100; has maintained a strong technical position for some time, holding above 20, 50, and 200 day MAs, with all of those MAs rising, and all of the shorter period MAs having crossed above the longer ones.......... ........Have always been puzzled trying to figure out why there would be any interest in shorting such a technically strong stock......