EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $50.22 on Oct 7, 2002 prices
rallied, reaching a
high of $64.45
on Oct 24, 2002. A
decline saw prices pull back, reaching a
low of
$60.26 on Oct 29, 2002.
Another rally saw prices penetrate
resistance, closing 10/30/02
at $62.51. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 17, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $59.25. Resistance: Is at $64.45.
Point & Figure: Reversed to the upside on Oct 18, 2002. A P&F upside
reversal takes place at $60.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $63.13 Stop: Use a protective stop of $61.13.
EBAY INC is currently trading @ $62.51 plus $1.33 on Oct 30, 2002. Price Objective:
$79.00. Risk/Reward: $2.00 VS. $15.88. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79.00
Risk/Reward:
$2.00 VS. $15.88
Risk/Reward Ratio:
8:1
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