By Karen Starich
I like this company for various reasons but primarily for the platform the company has built, after the acquisition of Paypal in 2002, to enable enthusiastic individuals and small businesses the opportunity to use their powerful online platform to engage in commerce nationally or internationally with no more than an email address. In the true spirit of capitalism, individuals or businesses can on any given day, market their products or services through an auction style, or fixed price trading, to millions of potential customers worldwide. Whether you live in Bozeman Montana or Sydney Australia – all you need is an email address.
A look at the astrology for the company shows some promise of expansion in the near term. The company is due to report earnings on July 18th which lines up with a very fortunate Mars and Jupiter trine to Uranus ( the planet of sudden financial gains) on the cusp of the 4th house, which rules the outcome of business earnings. The potential strength from the earnings report could carry into August despite a general market turn down.
I like a long position on a pullback near $39.
The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Astrology Traders provides specific dates and in-depth analysis of future events for the financial markets through weekly updates, trade alerts, and educational webinars.