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LINCARE HOLDINGS
(LNCR-Nasdaq):
Technical Viewpoint: From a low
of $28.73 on Jul 3, 2002 prices
rallied, reaching a
high of $33.02
on Jul 8, 2002. A
decline saw prices pull back, reaching a
low of
$29.00 on Aug 26, 2002.
Another rally saw prices penetrate
resistance, closing 8/20/02
at $34.81. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 1, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $33.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 19, 2002. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! LINCARE HOLDINGS
(LNCR-Nasdaq) @ $35.13 Stop: Use a protective stop of $33.13.
LINCARE HOLDINGS is currently trading @ $34.81 plus $0.82 on Aug 20, 2002. Price Objective:
$50.00. Risk/Reward: $2.00 VS. $14.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$50.00
Risk/Reward:
$2.00 VS. $14.88
Risk/Reward Ratio:
7:1
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