Technicals and valuation support a bullish
rebound. Supports at 35 from the channel it has been trading in since June. PE of 5.2 is a steal in this market where the S&P
trades at a PE of 25. Excellent margins support their profitability. There should be enough space in e-commerce for both Ebay
and Amazon NASDAQ:AMZN
allowing both to continue to grow.