EBAY INC (EBAY) NASDAQ - Jan 03, 2013 (SIA Daily Stock Report)

SIA Charts Daily Stock Report (siacharts.com)

The SIA Daily Stock Report utilizes a proven strategy of uncovering outperforming and underperforming stocks from our marquee equity reports; the S&P/TSX 60, S&P/TSX Completion and S&P/TSX Small cap We overlay these powerful reports with our extensive knowledge of point and figure and candlestick chart signals, along with other western-style technical indicators to identity stocks as they breakout or breakdown. In doing so we provide our Elite-Pro Subscribers with truly independent coverage of the Canadian stock market with specific buy and sell trigger points.

Note: Subscribers can screen all Canadian and U.S. stocks and mutual funds, or as components of equally weighted mutual fund sectors indices (e.g. Income Trusts, Precious Metals), and fund groups by issuer (eg. AGF, Dynamic, Franklin Templeton), all Canadian ETFs, ETF Families by issuer (iShares, Horizons, BMO) or as components of Equally Weighted ETF Sector Indices (e.g. 2020+ Target date, Cdn Equity Lg Cap), and create and monitor their own, or SIA's existing model portfolios. Finally, subscribers benefit from being able to generate BUY-WATCH-SELL Signals on demand with SIA Charts proprietary Favoured/Neutral/Unfavoured, SMAX scoring algorithm (see green-yellow-red graph 1 below).

EBAY INC (EBAY) NASDAQ - Jan 03, 2013

GREEN - Favoured / Buy Zone
YELLOW - Neutral / Hold Zone
RED - Unfavoured / Sell / Avoid Zone

EBAY INC (EBAY) NASDAQ - Jan 03, 2013 - 2013 starts off on a very positive note with U.S. Equity, SIA's top ranked asset, having the biggest one day move in over a year.
EBAY, ranked in the top 5 of the SIA/S&P 100 Report, breaks through prior resistance with a 5% move today. Overhead. Target resistance is found at $59.39. To the downside, support is found above $48.72 and $45.91.

Back on November 26, 2012, Ebay's (EBAY) continued roller coaster ride it had been on over the previous past few months, saw it moving between its support level in the $46-$47 area and resistance at$51.70. At that point, a move beyond the top of the channel would have seen $59.39 as the next potential target resistance point. With an SMAX of 10, EBAY is showing short term strength against all the asset classes.

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