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EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $29.25 on Apr 4, 2001 prices
rallied, reaching a
high of $56.29
on Apr 20, 2001. A
decline saw prices pull back, reaching a
low of
$44.00 on Apr 25, 2001.
Another rally saw prices penetrate
resistance, closing 5/14/01
at $55.21. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 16, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $49.50. Resistance: Is at $56.29.
Point & Figure: Reversed to the upside on May 10, 2001. A P&F upside
reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $56.12 Stop: Use a protective stop of $53.50.
EBAY INC is currently trading @ $55.21 plus $3.85 on May 14, 2001. Price Objective:
$66.00. Risk/Reward: $2.62 VS. $9.88. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$66.00
Risk/Reward:
$2.62 VS. $9.88
Risk/Reward Ratio:
4:1
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