[Entering Position in EBAY]
Dear Member:
EBAY has made a bounce up off a trend line and has been moving up today on fairly strong volume. Stochastics have turned up and MACD looks as though it is about to cross up. There is a convenient exit if the stock turns against me. I am placing an order to buy EBAY at a limit of $32.25 for the day and my initial exit will be on a close below the trend line.
DISCLOSURE: At the time of publication, I have no position in EBAY.
Sincerely,
Bill Kraft
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