TYCO INTERNATIONAL
(TYC-NYSE):
Technical Viewpoint: From a low
of $11.65 on Jul 19, 2002 prices
rallied, reaching a
high of $17.75
on Aug 22, 2002. A
decline saw prices pull back, reaching a
low of
$14.75 on Sep 3, 2002.
Another rally saw prices penetrate
resistance, closing 9/11/02
at $17.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 19, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $15.50. Resistance: Is at $18.80.
Point & Figure: Reversed to the upside on Sep 11, 2002. A P&F upside
reversal takes place at $15.00. Summary: Technical indicators have turned bullish. BUY! TYCO INTERNATIONAL
(TYC-NYSE) @ $17.88 Stop: Use a protective stop of $16.38.
TYCO INTERNATIONAL is currently trading @ $17.80 plus $1.90 on Sep 11, 2002. Price Objective:
$30.00. Risk/Reward: $1.50 VS. $12.13. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$30.00
Risk/Reward:
$1.50 VS. $12.13
Risk/Reward Ratio:
8:1
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