MERCURY INTERACTIVE
(MERQ-Nasdaq):
Technical Viewpoint: From a low
of $28.40 on Jan 22, 2002 prices
rallied, reaching a
high of $39.90
on Jan 29, 2002. A
decline saw prices pull back, reaching a
low of
$34.17 on Feb 17, 2002.
Another rally saw prices penetrate
resistance, closing 2/8/02
at $37.65. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 24, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.50. Resistance: Is at $39.75.
Point & Figure: Reversed to the upside on Feb 7, 2002. A P&F upside
reversal takes place at $35.25. Summary: Technical indicators have turned bullish. BUY! MERCURY INTERACTIVE
(MERQ-Nasdaq) @ $38.13 Stop: Use a protective stop of $35.63.
MERCURY INTERACTIVE is currently trading @ $37.65 plus $2.29 on Feb 8, 2002. Price Objective:
$51.00. Risk/Reward: $2.50 VS. $12.88. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$51.00
Risk/Reward:
$2.50 VS. $12.88
Risk/Reward Ratio:
5:1
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