According to Lang's research, eBay's daily chart has a lot of noise, making it hard to interpret. The chart includes both the deadly head-and-shoulders pattern as well as the bullish reverse head-and-shoulders pattern and several erratic movements further muddying the waters. What Lang noted, however, is a bullish crossover in the MACD momentum indicator as well as a stock that's now above both its 50- and 200-day moving averages.

The weekly chart is easier to read. After a sizable rally in 2012, eBay has been trading sideways and consolidating, noted Lang, which is a good thing. The MACD is once again preparing to cross over to the upside, something that boded well for the stock in 2012.

Cramer said he agrees with the bullish technicals. He said more than half of eBay's profits stem from PayPal, which makes the company more of a payment processor than an commerce play. Trading at just 17 times earnings with a 15% growth rate, Cramer said eBay remains cheap with a positive outlook.

No Huddle Offense

In his "No Huddle Offense" segment, Cramer told viewers that with the European economy close to a bottom, the time is now to buy shares of GE.

Cramer explained that so far the markets have not seen any solid evidence that there is indeed a bottom in Europe. But the anecdotal evidence is piling up, which bodes well for GE, which plays in many industries from aerospace to healthcare to power generation.

As large fund managers look for ways to get into Europe on the cheap, Cramer said GE will be the logical choice because the stock has a large float and has yet to make its move.

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

-- Written by Scott Rutt in Washington, D.C.

To email Scott about this article, click here: Scott Rutt

Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
At the time of publication, Cramer's Action Alerts PLUS had a position in EBAY and GE.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.

If you liked this article you might like

Amazon Roadkill; Northrop Deal Synergies -- Jim Cramer's Top Thoughts

Irma and Harvey Busted Algos; Probably Done Deals Under Trump: Best of Cramer

Lowe's Predictable Plateaus

This Is How to Avoid Becoming Amazon Roadkill

These Stocks Pay You to Own Them