|
PIMCO STRAGETIC GLBAL
(RCS-NYSE):
Technical Viewpoint: From a low
of $11.38 on Jul 15, 2002 prices
rallied, reaching a
high of $12.35
on Jul 26, 2002. A
decline saw prices pull back, reaching a
low of
$11.69 on Aug 2, 2002.
Another rally saw prices penetrate
resistance, closing 8/5/02
at $12.15. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 15, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $11.55. Resistance: Is at $12.35.
Point & Figure: Reversed to the upside on Aug 5, 2002. A P&F upside
reversal takes place at $11.80. Summary: Technical indicators have turned bullish. BUY! PIMCO STRAGETIC GLBAL
(RCS-NYSE) @ $12.25 Stop: Use a protective stop of $10.75.
PIMCO STRAGETIC GLBAL is currently trading @ $12.15 plus $0.40 on Aug 5, 2002. Price Objective:
$18.50. Risk/Reward: $1.50 VS. $6.25. Today's Risk Reward Ratio: 4:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$18.50
Risk/Reward:
$1.50 VS. $6.25
Risk/Reward Ratio:
4:1
|
