Technical Viewpoint: From a low
of $19.51 on Jul 7, 2008 prices
rallied, reaching a
high of $28.95
on Jul 22, 2008. A
decline saw prices pull back, reaching a
$23.43 on Jul 28, 2008.
Another rally saw prices penetrate
resistance, closing 8/1/08
at $29.20. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 10, 2008 when the solid line crossed the dotted line to the upside.
Support: Remains at $24.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 30, 2008. A P&F upside
reversal takes place at $27.00. Summary: Technical indicators have turned bullish. BUY! KBW INC
(KBW-NYSE) @ $29.25 Stop: Use a protective stop of $27.25.
KBW INC is currently trading @ $29.20 plus $2.78 on Aug 1, 2008. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $10.25. Today's Risk Reward Ratio: 5:1
Daily Candle Stick Chart
Point & Figure Chart
View full size chart
$2.00 VS. $10.25