EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $63.94 on Feb 10, 1999 prices
rallied, reaching a
high of $177 3/8
on Mar 9, 1999. A
decline saw prices pull back, reaching a
low of
$132 1/2 on Mar 31, 1999.
Another rally saw prices penetrate
resistance, closing 4/8/99
at $171 3/4. Technicals: RSI Index (RSI): A Buy Alert!
was given on Apr 8, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $156.00. Resistance: Is at $177 3/8.
Point & Figure: Reversed to the upside on Apr 7, 1999. A P&F upside
reversal takes place at $162.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $172 1/4 Stop: Use a protective stop of $168 7/8.
EBAY INC is currently trading @ $171 3/4 plus $21 3/4 on Apr 8, 1999. Price Objective:
$240.00. Risk/Reward: $3 3/8 VS. $67 3/4. Today's Risk Reward Ratio: 20:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$240.00
Risk/Reward:
$3 3/8 VS. $67 3/4
Risk/Reward Ratio:
20:1
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