EBay Breaks Out As E-Commerce Rivalry Heats Up

By | May 29, 2015

Scalper1 News

Shares of eBay (EBAY) are breaking out in the stock market today. The online marketplace currently has an IBD Composite Rating of 92 out of 99 and has seen increasing Relative Strength over the past few weeks. EBay climbed 1.2% to 61.30 in late afternoon trade Friday to a new high, breaking out of a flat base with a 61.03 buy point. Volume is on track to be the highest in at least a month. Shares are in buy range to 64.08. The online sales game is Scalper1 News

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