EBAY INCORPORATED
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $50.75 on Nov 21, 2003 prices
rallied, reaching a
high of $69.68
on Jan 22, 2004. A
decline saw prices pull back, reaching a
low of
$64.60 on Feb 3, 2004.
Another rally saw prices penetrate
resistance, closing 2/11/04
at $69.13. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 5, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $66.25. Resistance: Is at $69.68.
Point & Figure: Reversed to the upside on Feb 5, 2004. A P&F upside
reversal takes place at $66.75. Summary: Technical indicators have turned bullish. BUY! EBAY INCORPORATED
(EBAY-Nasdaq) @ $69.25 Stop: Use a protective stop of $66.75.
EBAY INCORPORATED is currently trading @ $69.13 plus $1.75 on Feb 11, 2004. Price Objective:
$96.00. Risk/Reward: $2.50 VS. $26.75. Today's Risk Reward Ratio: 11:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$96.00
Risk/Reward:
$2.50 VS. $26.75
Risk/Reward Ratio:
11:1
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