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 31.58 $ (1/12/2012) to 30.34 $ (1/18/2012) a 1.24 $ move 2- The current bullish trend started from 30.34 $ at 1/18/2012 and is currently trading at 32.95 $.
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 :

4- The Stock was supported by a support line, identified by two points: 30.340 and 30.160, and is currently supporting at 30.580.
Ebay Inc. (EBAY) Mid term stock chart patterns for internet stock trading :

5- The Stock formed a 4.820 $ height triangle which was broken up at 31.200, target of the pattern is 36.020.
Ebay Inc. (EBAY) Long term stock chart patterns for internet stock trading :

6- The Stock formed Double Bottom Pattern at 28.230 .

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 : 36.02.
Stock Support levels : 32.33, 31.95, 31.65, 31.34, 30.58, 30.34, 29.55,.