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TRIAD HOSPITALS
(TRI-NYSE):
Technical Viewpoint: From a low
of $42.01 on May 24, 2002 prices
rallied, reaching a
high of $45.60
on May 30, 2002. A
decline saw prices pull back, reaching a
low of
$42.85 on Jun 6, 2002.
Another rally saw prices penetrate
resistance, closing 6/5/02
at $44.84. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 14, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $41.75. Resistance: Is at $45.60.
Point & Figure: Reversed to the upside on Jun 5, 2002. A P&F upside
reversal takes place at $43.00. Summary: Technical indicators have turned bullish. BUY! TRIAD HOSPITALS
(TRI-NYSE) @ $45.13 Stop: Use a protective stop of $42.63.
TRIAD HOSPITALS is currently trading @ $44.84 plus $1.74 on Jun 5, 2002. Price Objective:
$61.00. 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:
$61.00
Risk/Reward:
$2.50 VS. $15.88
Risk/Reward Ratio:
6:1
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