KENSEY NASH CORP
(KNSY-Nasdaq):
Technical Viewpoint: From a low
of $13.79 on Oct 15, 2002 prices
rallied, reaching a
high of $19.15
on Nov 15, 2002. A
decline saw prices pull back, reaching a
low of
$16.74 on Dec 18, 2003.
Another rally saw prices penetrate
resistance, closing 1/21/03
at $19.99. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 26, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $18.00. Resistance: Is at $22.45.
Point & Figure: Reversed to the upside on Jan 21, 2003. A P&F upside
reversal takes place at $18.50. Summary: Technical indicators have turned bullish. BUY! KENSEY NASH CORP
(KNSY-Nasdaq) @ $20.25 Stop: Use a protective stop of $18.75.
KENSEY NASH CORP is currently trading @ $19.99 plus $1.93 on Jan 21, 2003. Price Objective:
$32.00. Risk/Reward: $1.50 VS. $11.75. 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:
$32.00
Risk/Reward:
$1.50 VS. $11.75
Risk/Reward Ratio:
8:1
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