EBAY INC
(EBAY-Nasdaq):
Technical Viewpoint: From a low
of $58.58 on May 30, 2001 prices
rallied, reaching a
high of $66.33
on Jun 6, 2001. A
decline saw prices pull back, reaching a
low of
$60.48 on Jun 12, 2001.
Another rally saw prices penetrate
resistance, closing 6/25/01
at $71.04. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jun 15, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $67.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 20, 2001. A P&F upside
reversal takes place at $68.00. Summary: Technical indicators have turned bullish. BUY! EBAY INC
(EBAY-Nasdaq) @ $71.38 Stop: Use a protective stop of $68.62.
EBAY INC is currently trading @ $71.04 plus $2.75 on Jun 25, 2001. Price Objective:
$86.00. Risk/Reward: $2.75 VS. $14.62. Today's Risk Reward Ratio: 5:1
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