UPDATE: Morgan Stanley Raises eBay's PT

by Benzinga Staff
May 29, 2012 8:31 AM | 25 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

According to a research report published this morning, Morgan Stanley has increased eBay's (NASDAQ: EBAY) PT from $45 to $49.In the report, Morgan Stanley said, "The long-term winners in eCommerce will likely be those that can leverage both a high-traffic destination site with a global fulfillment network. The quest for eCommerce GMV should have multiple winners, Amazon.com ($212.89) and eBay ($40.35) being two of them, in our view. Raising eBay PT to $49 and reiterate our OW rating."eBay closed Friday at $40.35.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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