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BLACK & DECKER CORP
(BDK-NYSE):
Technical Viewpoint: From a low
of $44.62 on Mar 22, 2002 prices
rallied, reaching a
high of $48.50
on Apr 9, 2002. A
decline saw prices pull back, reaching a
low of
$46.20 on Apr 22, 2002.
Another rally saw prices penetrate
resistance, closing 4/26/02
at $49.16. 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 $46.75. Resistance: Is at $49.95.
Point & Figure: Reversed to the upside on Apr 23, 2002. A P&F upside
reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! BLACK & DECKER CORP
(BDK-NYSE) @ $49.63 Stop: Use a protective stop of $47.38.
BLACK & DECKER CORP is currently trading @ $49.16 plus $0.76 on Apr 26, 2002. Price Objective:
$59.00. Risk/Reward: $2.25 VS. $9.38. 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:
$59.00
Risk/Reward:
$2.25 VS. $9.38
Risk/Reward Ratio:
4:1
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