12.10.2007

EBAY ready to run?



I own JAN 35 calls, and I almost sold them today, as it was not acting well in the midst of an up market. Having said that, I noticed that the selloff today was due to a gap that needed to be filled. Once, filled, it closed up 1%. Now, in after hours, its up a 3%.

I like the "potential" this stock has...

On the daily chart, 34 is resistance, which is the 200dma.

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