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EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $49.25 on May 7, 2002 prices
rallied, reaching a
high of $58.72
on May 23, 2002. A
decline saw prices pull back, reaching a
low of
$52.90 on Jun 6, 2002.
Another rally saw prices penetrate
resistance, closing 6/24/02
at $62.68. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 15, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $59.00. Resistance: Is at $64.10.
Point & Figure: Reversed to the upside on Jun 24, 2002. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $63.75 Stop: Use a protective stop of $60.88.
EBAY INC is currently trading @ $62.68 plus $2.93 on Jun 24, 2002. Price Objective:
$82.00. Risk/Reward: $2.88 VS. $18.25. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$82.00
Risk/Reward:
$2.88 VS. $18.25
Risk/Reward Ratio:
6:1
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