eBay.com is perhaps the #1 auction website out there and one would think people would turn to eBay during hard economic times to find good bargains on virtually anything, but their stock is telling us a different story. Let’s take a look at the daily and weekly chart of eBay and then see a video…
A friend recently asked me what I thought of eBay and Amazon simply because he figured – as many people do – that because online shopping as a trend is growing, then the stocks of these two particular companies must be surging. Let’s view the weekly charts of EBAY and AMZN to see if this…
I wanted to highlight a few key technology stocks that are bumping up against overhead resistance, whether via the 200 day moving average or prior price levels. Let’s start with everyone’s favorite: Apple, Inc ( AAPL ): AAPL is actually trapped between two levels of prior support/resistance, and should have massive support about the $145…