|
EBAY INCORPORATED
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $73.37 on Apr 21, 2004 prices
rallied, reaching a
high of $84.75
on Apr 27, 2004. A
decline saw prices pull back, reaching a
low of
$76.85 on May 10, 2004.
Another rally saw prices penetrate
resistance, closing 5/24/04
at $82.11. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 30, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $79.25. Resistance: Is at $83.45.
Point & Figure: Reversed to the upside on May 11, 2004. A P&F upside
reversal takes place at $79.00. Summary: Technical indicators have turned bullish. BUY! EBAY INCORPORATED
(EBAY-Nasdaq) @ $83.13 Stop: Use a protective stop of $80.38.
EBAY INCORPORATED is currently trading @ $82.11 plus $1.77 on May 24, 2004. Price Objective:
$98.00. Risk/Reward: $2.75 VS. $14.88. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$98.00
Risk/Reward:
$2.75 VS. $14.88
Risk/Reward Ratio:
5:1
|
