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CYMER INC
(CYMI-Nasdaq):
Technical Viewpoint: From a low
of $47.30 on Mar 26, 2002 prices
rallied, reaching a
high of $51.58
on Apr 5, 2002. A
decline saw prices pull back, reaching a
low of
$47.35 on Apr 12, 2002.
Another rally saw prices penetrate
resistance, closing 4/16/02
at $52.62. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Apr 16, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $48.25. Resistance: Is at $57.75.
Point & Figure: Reversed to the upside on Apr 16, 2002. A P&F upside
reversal takes place at $50.25. Summary: Technical indicators have turned bullish. BUY! CYMER INC
(CYMI-Nasdaq) @ $52.88 Stop: Use a protective stop of $50.38.
CYMER INC is currently trading @ $52.62 plus $3.57 on Apr 16, 2002. Price Objective:
$63.75. Risk/Reward: $2.50 VS. $10.88. 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:
$63.75
Risk/Reward:
$2.50 VS. $10.88
Risk/Reward Ratio:
4:1
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