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No Bidders For EBAY

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September 09, 2013 – Comments (0) | RELATED TICKERS: 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. 

Nicholas Santiago
InTheMoneyStocks,com

 

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