A Technical Trader Ponders Ebay (EBAY)

| About: eBay Inc. (EBAY)
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When you look at this mini-move in EBAY, I am questioning whether [as a long] I've overstayed my welcome and it's time for a reversal:

Today will be another closely watched day. One of two things will happen 1) a breakout above the resistance level since late Nov. of 46.50 or so, or 2) this drops like lead back down to support as low as 43. From a fundamental standpoint, EBAY is not a company that I'm uncomfortable holding overnight, but that doesn't mean I want to give my cash back either. Not making any snap decisions but my finger will be ready at the trigger today, that's for sure.

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