Online Retailers Triggers Technical Research as Momentum Builds for 2013

   Online Retailers Triggers Technical Research as Momentum Builds for 2013

  PR Newswire

  LONDON, January 16, 2013

LONDON, January 16, 2013 /PRNewswire/ --

StockCall research team has posted free technical analyses on companies
mentioned in this release. These can be accessed at

The Catalog and Mail Order house industry, which features the world's top
online retailers, has started the New Year off with a bang, as strong holiday
sales figures in the U.S. and abroad have begun to be reported. eBay Inc. ^(1)
(NASDAQ:EBAY) is scheduled at release its earnings today after the market

eBay has been a strong performer in the last 12 months backed by growing
interest for online buying, especially as its mobile app continues to be
popular reaching the 100 ^th million download in September 2012. But what has
also changed is consumers' faith in internet security as they start to use
online payment methods which bode well for eBay on two fronts. Firstly, its
PayPal service garnered a household status and eBay being an online retailer
sees its primary business gaining success as a reason of PayPal's popularity.

The proliferation of smartphones and tablets, also bodes well for the
industry, and with more people feeling secure about shopping online, companies
could see record sales figures in 2013. According to the National Retail
Federation, total holiday spending jumped by 3% in 2012, and non-store holiday
sales increased by an impressive 11.1%. In an attempt to reach a greater
number of potential customers, several companies, such as Inc. ^(2)
(NASDAQ: AMZN), have come out with new apps for gaming consoles as well as
smartphones and tablets. Amazon's Instant Video app which is available for Wii
console owners provides the options to buy, rent and stream a large pool of
movies and TV series from Amazon's Instant Vide Store.

A growing number of internet users in China augur well for companies with
operations in the area, though competition there remains intense. It is easy
to understand why, as last year alone the number of internet users in China
increased by some 51 million to around 564 million users.


1.eBay Inc. Technical Analysis [ ] Inc. Technical Analysis [ ] 

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