INTERNAT RECTIFIER CORP (IRF)NYSE
  Report No. 103    Analysis by: Harry Aloof     JUNE 2, 2008

INTERNAT RECTIFIER CORP (IRF-NYSE): Technical Viewpoint: From a low of $20.64 on Apr 15, 2008 prices rallied, reaching a high of $24.01 on Apr 24, 2008. A decline saw prices pull back, reaching a low of $20.43 on May 13, 2008. Another rally saw prices penetrate resistance line "A", closing 5/30/08 at $23.18. Technicals: MACD Index (MACD): A Buy Alert! was given on May 30, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $21.00. Resistance: Is at $24.00. Point & Figure: Reversed to the upside on May 19, 2008. A P&F downside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! INTERNAT RECTIFIER CORP (IRF-NYSE) @ $23.25 Stop: Use a protective stop of $21.25. INTERNAT RECTIFIER CORP is currently trading @ $23.18 plus $0.86 on May 30, 2008. Price Objective: $30.00. Risk/Reward: $2.00 VS. $6.75. Today's Risk Reward Ratio: 3:1
                          

Three Part
Technical Chart

Daily Candle Stick Chart
Point & Figure Chart
Technical Study

Price Objective:
$30.00
Risk/Reward:
$2.00 VS. $6.75
Risk/Reward Ratio:
3:1

 

 

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