Today we will analyze the stock Ebay Inc. (EBAY) for internet stock trading in the NASDAQ stock market,
Stock Technical indicators to notice in Ebay Inc. (EBAY)
1- Last bearish trend was from 24.13 $ (1/21/2010) to 21.77 $ (2/12/2010) a 2.36 $ move 2- The current bullish trend started from 21.77 $ at 2/12/2010 and is currently trading at 25.97 $.
3- According to ADX Indicator, the trend is currently bullish, which is getting stronger.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Ebay Inc. (EBAY) Short term stock chart patterns for internet stock trading :

None.
Ebay Inc. (EBAY) Mid term stock chart patterns for internet stock trading :

None.
Ebay Inc. (EBAY) Long term stock chart patterns for internet stock trading :

4- The Stock was resisted by a resistance line, identified by two points: 24.470 and 25.440 that was broken up at 22.840 transforming into a supporting line.

Stock Trading Conclusion:
Ebay Inc. (EBAY) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : .
Stock Support levels : 24.98, 24.37, 23.87, 23.37, 22.35,.


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