DYNEGY INC
(DYN-NYSE):
Technical Viewpoint: From a low
of $20.13 on Feb 6, 2002 prices
rallied, reaching a
high of $31.25
on Mar 7, 2002. A
decline saw prices pull back, reaching a
low of
$28.55 on Mar 18, 2002.
Another rally saw prices penetrate
resistance, closing 3/20/02
at $32.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 27, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $29.50. Resistance: Is at $33.15.
Point & Figure: Reversed to the upside on Mar 19, 2002. A P&F upside
reversal takes place at $30.50. Summary: Technical indicators have turned bullish. BUY! DYNEGY INC
(DYN-NYSE) @ $32.13 Stop: Use a protective stop of $29.88.
DYNEGY INC is currently trading @ $32.00 plus $0.99 on Mar 20, 2002. Price Objective:
$44.00. Risk/Reward: $2.25 VS. $11.88. 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:
$44.00
Risk/Reward:
$2.25 VS. $11.88
Risk/Reward Ratio:
5:1
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