EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $62.00 on Nov 13, 2002 prices
rallied, reaching a
high of $70.85
on Dec 2, 2002. A
decline saw prices pull back, reaching a
low of
$66.50 on Dec 27, 2002.
Another rally saw prices penetrate
resistance, closing 1/17/03
at $74.85. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 6, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $70.38. Resistance: Is at $77.56.
Point & Figure: Reversed to the upside on Jan 17, 2003. A P&F upside
reversal takes place at $72.75. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $75.13 Stop: Use a protective stop of $72.38.
EBAY INC is currently trading @ $74.85 plus $3.60 on Jan 17, 2003. Price Objective:
$86.00. Risk/Reward: $2.75 VS. $15.62. 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:
$86.00
Risk/Reward:
$2.75 VS. $15.62
Risk/Reward Ratio:
6:1
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