|
PHARMACIA CORP
(PHA-NYSE):
Technical Viewpoint: From a low
of $30.36 on Jul 11, 2002 prices
rallied, reaching a
high of $40.80
on Jul 18, 2002. A
decline saw prices pull back, reaching a
low of
$34.95 on Jul 24, 2002.
Another rally saw prices penetrate
resistance, closing 7/26/02
at $41.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 26, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $33.75. Resistance: Is at $43.84.
Point & Figure: Reversed to the upside on Jul 25, 2002. A P&F upside
reversal takes place at $39.50. Summary: Technical indicators have turned bullish. BUY! PHARMACIA CORP
(PHA-NYSE) @ $41.38 Stop: Use a protective stop of $39.38.
PHARMACIA CORP is currently trading @ $41.00 plus $1.99 on Jul 26, 2002. Price Objective:
$58.00. Risk/Reward: $2.00 VS. $16.62. Today's Risk Reward Ratio: 8:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$58.00
Risk/Reward:
$2.00 VS. $16.62
Risk/Reward Ratio:
8:1
|
