eBay (EBAY) NewsBite - EBAY Hits 52-Week High Ahead Of Earnings

Posted: Wednesday, October 21, 2009 12:52 PM EDT

eBay (NasdaqNM: EBAY) hit a new 52-Week high of $25.80 so far today. Currently the stock is up $0.16 (0.64%) to $25.22 on 14,847,944 shares traded. Today's high is up $15.31 from a 52-Week Low of $9.91. eBay stock has been showing support around $24.45 and resistance in the $25.59 range. Technical indicators for the stock are neutral and S&P gives EBAY a neutral 3 STARS (out of 5) hold ranking. eBay traded up to a new 52 week high today ahead of this afternoon's earnings release. Analysts are expecting the company to report earnings of 37 cents per share. We will just watch this one for now, so we do not get burned in the even of disappointing earnings this afternoon. [ABR-Seven Summits Strategic Investments NewsBite]

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