|
CERNER CORP
(CERN-Nasdaq):
Technical Viewpoint: From a low
of $42.05 on Mar 14, 2002 prices
rallied, reaching a
high of $54.89
on Apr 24, 2002. A
decline saw prices pull back, reaching a
low of
$50.30 on Apr 29, 2002.
Another rally saw prices penetrate
resistance, closing 5/14/02
at $57.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 14, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $54.00. Resistance: Is at $60.00.
Point & Figure: Reversed to the upside on May 14, 2002. A P&F upside
reversal takes place at $55.50. Summary: Technical indicators have turned bullish. BUY! CERNER CORP
(CERN-Nasdaq) @ $57.13 Stop: Use a protective stop of $54.63.
CERNER CORP is currently trading @ $57.00 plus $2.44 on May 14, 2002. Price Objective:
$79.00. Risk/Reward: $2.50 VS. $21.88. Today's Risk Reward Ratio: 9:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79.00
Risk/Reward:
$2.50 VS. $21.88
Risk/Reward Ratio:
9:1
|
