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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Dealer who wrote (651)	7/12/2001 6:46:13 AM
From: Vendit™	Read Replies (1) of 8752

Im not sure exactly how to answer your question except to say that medium term support is at $55. The two year trend is down. askresearch.com But the 1 year chart shows a clear double bottom with a new up trend established. askresearch.com a 3 month charts shows that EBAY is near a short term bottom but no signals yet confirm a bottom has been formed. No upward momentum is shown in the MACD indicator so it will probably trade sideways for a few days with $55 being the support target. askresearch.com JMO

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