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AOL TIME WARNER
(AOL-NYSE):
Technical Viewpoint: From a low
of $10.52 on Aug 14, 2002 prices
rallied, reaching a
high of $14.80
on Aug 22, 2002. A
decline saw prices pull back, reaching a
low of
$11.71 on Aug 26, 2002.
Another rally saw prices penetrate
resistance, closing 9/6/02
at $13.13. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 21, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $12.10. Resistance: Is at $14.80.
Point & Figure: Reversed to the upside on Aug 29, 2002. A P&F upside
reversal takes place at $11.90. Summary: Technical indicators have turned bullish. BUY! AOL TIME WARNER
(AOL-NYSE) @ $13.25 Stop: Use a protective stop of $11.75.
AOL TIME WARNER is currently trading @ $13.13 plus $1.02 on Sep 6, 2002. Price Objective:
$20.25. Risk/Reward: $1.50 VS. $7.00. 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:
$20.25
Risk/Reward:
$1.50 VS. $7.00
Risk/Reward Ratio:
5:1
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