Monday, March 14, 2011

EBAY eBay Weekly Chart Overbot Negative Divergence

eBay weekly chart shows the negative divergence smack down. Lower trend line is broken now as well. Price has fallen thru the 20 MA. 28 is an initial price target while chart moves sideways to sideways down in the weeks and months ahead. Watch for the formation of a right shoulder for an H&S pattern. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your finanical advisor before making any investment decision.

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