eBay (EBAY) NewsBite - EBAY Covered In Vic Wisemann Report Today

Posted: Monday, November 10, 2008 10:14 AM EDT

eBay (EBAY) was covered in a Vic Wisemann Report today and the stock is now at $14.17, down $0.02 (-0.14%) on volume of 1,378,643 shares traded. To see the report, and get Vic's thoughts on stocks safe enough for your grandmother, go to http://www.iotogo.com/vw111008 . Over the last 52 weeks the stock has ranged from a low of $13.69 to a high of $35.12. eBay stock has been showing support around $13.62 and resistance in the $14.80 range. Technical indicators for the stock are bullish and S&P gives EBAY a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on EBAY the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 17 range. [ABR-Seven Summits Strategic Investments NewsBite]

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