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EXPRESS SCRIPTS INC
(ESRX-Nasdaq):
Technical Viewpoint: From a low
of $44.86 on Feb 4, 2002 prices
rallied, reaching a
high of $54.99
on Feb 27, 2002. A
decline saw prices pull back, reaching a
low of
$50.31 on Mar 20, 2002.
Another rally saw prices penetrate
resistance, closing 3/26/02
at $54.52. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Mar 26, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $51.00. Resistance: Is at $55.00.
Point & Figure: Reversed to the upside on Mar 26, 2002. A P&F upside
reversal takes place at $52.50. Summary: Technical indicators have turned bullish. BUY! EXPRESS SCRIPTS INC
(ESRX-Nasdaq) @ $54.88 Stop: Use a protective stop of $52.13.
EXPRESS SCRIPTS INC is currently trading @ $54.52 plus $2.88 on Mar 26, 2002. Price Objective:
$66.75. Risk/Reward: $2.75 VS. $11.88. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$66.75
Risk/Reward:
$2.75 VS. $11.88
Risk/Reward Ratio:
4:1
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