EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $93.03 on May 9, 2003 prices
rallied, reaching a
high of $100.02
on May 16, 2003. A
decline saw prices pull back, reaching a
low of
$95.76 on May 20, 2003.
Another rally saw prices penetrate
resistance, closing 5/27/03
at $103.05. Technicals: Momentum Index (MTM): A Buy Alert!
was given on May 23, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $97.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 27, 2003. A P&F upside
reversal takes place at $100.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $103.38 Stop: Use a protective stop of $100.63.
EBAY INC is currently trading @ $103.05 plus $3.61 on May 27, 2003. Price Objective:
$139.50. Risk/Reward: $2.75 VS. $36.12. Today's Risk Reward Ratio: 13:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$139.50
Risk/Reward:
$2.75 VS. $36.12
Risk/Reward Ratio:
13:1
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