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APOLLO GROUP INC
(APOL-Nasdaq):
Technical Viewpoint: From a low
of $37.25 on Oct 4, 2002 prices
rallied, reaching a
high of $44.36
on Nov 25, 2002. A
decline saw prices pull back, reaching a
low of
$39.97 on Dec 13, 2002.
Another rally saw prices penetrate
resistance, closing 1/2/03
at $45.26. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 19, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $42.63. Resistance: Is at $45.46.
Point & Figure: Reversed to the upside on Dec 18, 2002. A P&F upside
reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC
(APOL-Nasdaq) @ $45.38 Stop: Use a protective stop of $43.38.
APOLLO GROUP INC is currently trading @ $45.26 plus $1.36 on Jan 2, 2003. Price Objective:
$56.00. Risk/Reward: $2.00 VS. $10.63. 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:
$56.00
Risk/Reward:
$2.00 VS. $10.63
Risk/Reward Ratio:
5:1
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