Friday, December 2, 2011

Ebay Technical chart | Nasdaq | 02-Dec-2011

 Let's discuss the technical chart of Ebay, listed on Nasdaq. I've using Ichimoku Kinko Hyo indicator.


 


The only positive sign in this chart is that kijun-sen line is flat. So, near term target for this stock is 30.72, where it will face resistance. One must book profit at that level.

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