This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks Spiking on Unusual Volume

eBay

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

eBay (EBAY - Get Report) is a global commerce platform. This stock is trading up 4.5% at $42.53 in recent trading.

Today's Volume: 14.2 million

Average Volume: 12.8 million

Volume % Change: 66%.

Shares of EBAY are ripping higher today after KBW initiated coverage on the stock with an outperform rating and a $50 price target, citing the company's leadership position in e-commerce and industry growth should boost earnings and sales.

From a technical perspective, EBAY is moving sharply higher here on above average volume, and the stock has started to enter major breakout territory. That move has started now that EBAY has taken out some near-term overhead resistance at $41.72 to $41.96 with high-volume.

Traders should continue to look for long-biased trades as long as EBAY is trending above those levels with strong upside volume flows. I would consider any upside volume day that registers near or above 12.8 million shares as bullish. If we continue to see that action, then EBAY should easily hit $45 or higher in the near future.

eBay shows up on a recent list of 10 New Stocks on All-Star Fund Mangers' List.

7 of 9

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
EBAY $56.07 0.00%
GRPN $7.25 0.00%
ITRI $37.28 0.00%
OSIR $16.35 0.00%
YNDX $20.54 0.00%

Markets

DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs