TRIAD HOSPITALS INC
(TRI-NYSE):
Technical Viewpoint: From a low
of $33.12 on Dec 4, 2002 prices
rallied, reaching a
high of $39.75
on Sep 17, 2002. A
decline saw prices pull back, reaching a
low of
$36.00 on Sep 25, 2002.
Another rally saw prices penetrate
resistance, closing 10/23/02
at $41.17. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 8, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38.30. Resistance: Is at $41.73.
Point & Figure: Reversed to the upside on Oct 3, 2002. A P&F upside
reversal takes place at $38.25. Summary: Technical indicators have turned bullish. BUY! TRIAD HOSPITALS INC
(TRI-NYSE) @ $41.25 Stop: Use a protective stop of $39.25.
TRIAD HOSPITALS INC is currently trading @ $41.17 plus $1.20 on Oct 23, 2002. Price Objective:
$49.00. Risk/Reward: $2.00 VS. $7.75. Today's Risk Reward Ratio: 4:1
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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. $7.75
Risk/Reward Ratio:
4:1
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