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RAYTHEON CO
(RTN-NYSE):
Technical Viewpoint: From a low
of $29.30 on Nov 14, 2001 prices
rallied, reaching a
high of $33.40
on Nov 27, 2001. A
decline saw prices pull back, reaching a
low of
$29.39 on Dec 19, 2001.
Another rally saw prices penetrate
resistance, closing 1/25/02
at $35.27. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 10, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $31.13. Resistance: Is at $37.50.
Point & Figure: Reversed to the upside on Jan 24, 2002. A P&F upside
reversal takes place at $33.50. Summary: Technical indicators have turned bullish. BUY! RAYTHEON CO
(RTN-NYSE) @ $33.38 Stop: Use a protective stop of $32.88.
RAYTHEON CO is currently trading @ $35.27 plus $1.03 on Jan 27, 2002. Price Objective:
$52.00. Risk/Reward: $2.50 VS. $19.13. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$52.00
Risk/Reward:
$2.50 VS. $19.13
Risk/Reward Ratio:
7:1
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