EBAY - Shares drop after earnings
Thursday, April 19, 2007
Chart courtesy of stockcharts

EBAY shares was down nearly 4$ to 33.19$ after the company reported a first-quarter profit of $377.2 million, or 27 cents a share, on $1.78 billion in revenue. EBay said its results were helped by a 31% rise in sales from its PayPal business and by better revenue from its Skype Internet-based phone-service operations. the technical chart show that the profit taking in the stock started, CCI indicator is already below +100.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
 
posted by Pro Investor Trader at 1:59 PM | Permalink


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