|
EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $54.53 on Dec 10, 2003 prices
rallied, reaching a
high of $66.01
on Jan 8, 2004. A
decline saw prices pull back, reaching a
low of
$62.77 on Jan 12, 2004.
Another rally saw prices penetrate
resistance, closing 1/22/04
at $69.32. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 4, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $64.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 22, 2004. A P&F upside
reversal takes place at $66.75. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $69.75 Stop: Use a protective stop of $67.25.
EBAY INC is currently trading @ $69.32 plus $4.94 on Jan 22, 2004. Price Objective:
$84.50. Risk/Reward: $2.50 VS. $14.75. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$84.50
Risk/Reward:
$2.50 VS. $14.75
Risk/Reward Ratio:
6:1
|
