EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $55 1/2 on May 10, 2000 prices
rallied, reaching a
high of $69.84
on May 22, 2000. A
decline saw prices pull back, reaching a
low of
$56 3/4 on May 24, 2000.
Another rally saw prices penetrate
resistance, closing 6/2/00
at $77.19. Technicals: Momentum Index (MTM): A Buy Alert!
was given on May 24, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $57.00. Resistance: Is at $81.00.
Point & Figure: Reversed to the upside on May 25, 2000. A P&F upside
reversal takes place at $66.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $77 3/8 Stop: Use a protective stop of $74 1/2.
EBAY INC is currently trading @ $77.19 plus $9.81 on Jun 2, 2000. Price Objective:
$106.00. Risk/Reward: $2 7/8 VS. $28 5/8. Today's Risk Reward Ratio: 10:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$106.00
Risk/Reward:
$2 7/8 VS. $28 5/8
Risk/Reward Ratio:
10:1
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