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.
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.