EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $52.90 on Jun 5, 2002 prices
rallied, reaching a
high of $64.10
on Jun 18, 2002. A
decline saw prices pull back, reaching a
low of
$55.41 on Jul 3, 2002.
Another rally saw prices penetrate
resistance, closing 7/11/02
at $60.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 15, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $56.25. Resistance: Is at $63.00.
Point & Figure: Reversed to the upside on Jul 10, 2002. A P&F upside
reversal takes place at $58.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $61.38 Stop: Use a protective stop of $58.88.
EBAY INC is currently trading @ $60.38 plus $1.55 on Jul 11, 2002. Price Objective:
$86.00. Risk/Reward: $2.40 VS. $24.63. Today's Risk Reward Ratio: 10 :1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$86.00
Risk/Reward:
$2.40 VS. $24.63
Risk/Reward Ratio:
10 :1
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