No Bidders For EBAY
Today, the leading online auction website company EBAY Inc (NASDAQ:EBAY) is coming under some selling pressure. The stock cannot catch a solid bid despite the early morning strength in the major stock indexes. Whenever a stock shows weak relative strength intra-day it is important to have a solid support level in order to scalp or day trade the stock. Day traders should watch for intra-day support on EBAY stock around the $51.88, 51.45, and $51.02 levels. All of these areas could see minor intra-day bounces on the trading session.