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EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $146 1/4 on Apr 20, 1999 prices
rallied, reaching a
high of $203.00
on Apr 27, 1999. A
decline saw prices pull back, reaching a
low of
$151.44 on May 26, 1999.
Another rally saw prices penetrate
resistance, closing 6/7/99
at $183 1/4. Technicals: Demand Index (DI): A Buy Alert!
was given on Jun 7, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $154.00. Resistance: Is at $203.00.
Point & Figure: Reversed to the upside on Jun 3, 1999. A P&F upside
reversal takes place at $170.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $186 5/8 Stop: Use a protective stop of $182 7/8.
EBAY INC is currently trading @ $183 1/4 plus $14 3/4 on Jun 7, 1999. Price Objective:
$238.00. Risk/Reward: $3 3/4 VS. $51 3/8. Today's Risk Reward Ratio: 13:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$238.00
Risk/Reward:
$3 3/4 VS. $51 3/8
Risk/Reward Ratio:
13:1
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