EBAY INCORPORATED
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $62.77 on Jan 12, 2004 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 2/5/04
at $67.23. 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 $65.00. Resistance: Is at $67.85.
Point & Figure: Reversed to the upside on Feb 3, 2004. A P&F upside
reversal takes place at $65.25. Summary: Technical indicators have turned bullish. BUY! EBAY INCORPORATED
(EBAY-Nasdaq) @ $67.63 Stop: Use a protective stop of $65.13.
EBAY INCORPORATED is currently trading @ $67.23 plus $1.75 on Feb 5, 2004. Price Objective:
$86.50. Risk/Reward: $2.50 VS. $18.87. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$86.50
Risk/Reward:
$2.50 VS. $18.87
Risk/Reward Ratio:
7:1
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