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YELLOW CORP
(YELL-Nasdaq):
Technical Viewpoint: From a low
of $21.80 on Sep 24, 2002 prices
rallied, reaching a
high of $29.25
on Oct 4, 2002. A
decline saw prices pull back, reaching a
low of
$25.75 on Oct 19, 2002.
Another rally saw prices penetrate
resistance, closing 10/15/02
at $30.61. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 10, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $28.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 15, 2002. A P&F upside
reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! YELLOW CORP
(YELL-Nasdaq) @ $30.88 Stop: Use a protective stop of $28.88.
YELLOW CORP is currently trading @ $30.61 plus $2.14 on Oct 15, 2002. Price Objective:
$41.00. Risk/Reward: $2.00 VS. $10.13. 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:
$41.00
Risk/Reward:
$2.00 VS. $10.13
Risk/Reward Ratio:
5:1
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