I'll be on an airplane most of today and in an all day meeting tomorrow, so trading will left on autopilot. I don't have time to post the usual analysis, but EBAY and TASR are looking decent to me here. EBAY looks great on the longer term charts and may of put in a pullback low. TASR looks like it may of completed it's pullback from it's recent breakout as well. TASR would need to trade above yesterdays high though.

Good Trading,

Joey

Stock Chart Analysis HBI

Hanesbrands Inc. (Public, NYSE:HBI)

HBI experienced a huge increase in volatility after their recent earnings report while trading to all time highs. The stock is only about a year old, so it may just be appearing on some institutions radar screens. It is pulling back in a sharp channel but seems like it plans on holding above the 200 sma. The ideal situation here would be for a decrease in volatility offering some nice candles to trade off, followed by a break out of the channel. While I'm not ready to jump in on this one, I plan on watching it for the next few sessions.


Good Trading,


Joey

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