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YANKEE CANDLE CO
(YCC-NYSE):
Technical Viewpoint: From a low
of $18.29 on Feb 15, 2002 prices
rallied, reaching a
high of $23.65
on Mar 27, 2002. A
decline saw prices pull back, reaching a
low of
$20.00 on May 23, 2002.
Another rally saw prices penetrate
resistance, closing 6/14/02
at $26.74. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 7, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 15, 2002. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! YANKEE CANDLE CO
(YCC-NYSE) @ $27.13 Stop: Use a protective stop of $25.13.
YANKEE CANDLE CO is currently trading @ $26.74 plus $1.49 on Jun 14, 2002. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $10.88. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$38.00
Risk/Reward:
$2.00 VS. $10.88
Risk/Reward Ratio:
5:1
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