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AVON PRODUCTS INC
(AVP-NYSE):
Technical Viewpoint: From a low
of $50.00 on Mar 8, 2002 prices
rallied, reaching a
high of $55.70
on Mar 19, 2002. A
decline saw prices pull back, reaching a
low of
$53.70 on Apr 1, 2002.
Another rally saw prices penetrate
resistance, closing 4/4/02
at $55.85. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 28, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $53.00. Resistance: Is at $56.75.
Point & Figure: Reversed to the upside on Apr 4, 2002. A P&F upside
reversal takes place at $54.00. Summary: Technical indicators have turned bullish. BUY! AVON PRODUCTS INC
(AVP-NYSE) @ $56.13 Stop: Use a protective stop of $53.63.
AVON PRODUCTS INC is currently trading @ $55.85 plus $1.34 on Apr 4, 2002. Price Objective:
$72.00. Risk/Reward: $2.50 VS. $15.88. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$72.00
Risk/Reward:
$2.50 VS. $15.88
Risk/Reward Ratio:
6:1
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