EBay Is Breaking Out All Over

EBay (EBAY) is the top gainer in the Nasdaq-100 today. Shares are up 3% as they extend the powerful rally off the August lows into all-time-high ground. Yesterday's Citi Global Technology Conference presentation must have struck the right chords. This EBAY breakout move has a ton of potential.

Immediately after reaching new 2017 highs in mid-July, EBAY suffered a nasty post-earnings reversal. The stock traced out a steady pullback over the next three weeks before reaching a very solid support zone near the March/May highs. EBAY stabilized here but was unable to mount a rebound until early last week. Since the Aug. 29 key upside reversal, shares have been on fire. With today's solid gain, the stock is up over 10% from last week's low and has left behind fresh layers of support....84 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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