ADVANCED NEUROMO SYSTEMS
(ANSI-Nasdaq):
Technical Viewpoint: From a low
of $30.30 on Aug 29, 2002 prices
rallied, reaching a
high of $37.00
on Sep 17, 2002. A
decline saw prices pull back, reaching a
low of
$32.35 on Sep 24, 2002.
Another rally saw prices penetrate
resistance, closing 10/10/02
at $37.38. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 31, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.25. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 8, 2002. A P&F upside
reversal takes place at $36.00. Summary: Technical indicators have turned bullish. BUY! ADVANCED NEUROMO SYSTEMS
(ANSI-Nasdaq) @ $38.13 Stop: Use a protective stop of $36.13.
ADVANCED NEUROMO SYSTEMS is currently trading @ $37.38 plus $1.46 on Oct 9, 2002. Price Objective:
$49.00. Risk/Reward: $2.00 VS. $10.88. 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:
$49.00
Risk/Reward:
$2.00 VS. $10.88
Risk/Reward Ratio:
5:1
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