INVISION TECHNOLOGIES
(INVN-Nasdaq):
Technical Viewpoint: From a low
of $21.97 on Jun 26, 2002 prices
rallied, reaching a
high of $2530
on Jul 9, 2002. A
decline saw prices pull back, reaching a
low of
$21.60 on Jul 11, 2002.
Another rally saw prices penetrate
resistance, closing 7/15/02
at $27.15. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jul 12, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $23.50. Resistance: Is at $21.50.
Point & Figure: Reversed to the upside on Jul 15, 2002. A P&F upside
reversal takes place at $24.00. Summary: Technical indicators have turned bullish. BUY! INVISION TECHNOLOGIES
(INVN-Nasdaq) @ $27.38 Stop: Use a protective stop of $2538.
INVISION TECHNOLOGIES is currently trading @ $27.15 plus $2.77 on Jul 15, 2002. Price Objective:
$39.00. Risk/Reward: $2.00 VS. $11.63. 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:
$39.00
Risk/Reward:
$2.00 VS. $11.63
Risk/Reward Ratio:
6:1
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