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EBAY Breakout

EBAY Breakout

Big ramp for EBAY today.  Shares are up over 5% on accelerating trade following last night’s impressive Q1 earnings report.  An upgrade from Benchmark(Buy) is adding fuel to the fire.  This powerful breakout move is driving the stock to its best close since last...
Select Energy(XLE) Update

Select Energy(XLE) Update

Time to be cautious on energy?  The XLE is bumping up against heavy resistance this week.  The 200 day moving average, which was supportive late last summer, is back in play.  This is the first test of the 200D since the Oct. 11th breakdown.  Will the 50 day moving...
Costco Reaches New All Time Highs

Costco Reaches New All Time Highs

Costco’s powerful post earnings rally(Mar. 7) carried shares another 14% higher.  At today’s early high the stock is up over 30% from the Christmas week lows.  For the bulk of this month COST has been battling heavy resistance near the 2018 peak($245.00). ...