Will Revisit 50 Day Moving Average of $53.43 After Black Friday Weekend
Irrationally Oversold. 10%+ Rally Imminent - There's nothing new about todays trading action. Ebay's had this same trading pattern for the past 52 weeks. The adolescents on this board that brag about imaginary gains and celebrate others losses are themselves losers. We went both long yesterday and today; will ride this to its 50 day MA, sell and reload once it comes in again.
50 day moving average is a signal to buy , not to sell --- in this case it is 52.79 and this stock is going up to 60 dollars ! There is about 7 dollars of advance and also it could be 10 dollars depending on How Much Buying will be coming from investors ! If there are to many millions of share will be bought , then stock will decline again -- this is a game , inter-active with lots of people ! One guy at the POst "Ebay " is running a show ! He is the specialist and he is more powerful --- this is like a casino and we are playing against the House !