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ECHOSTAR COMMUN CORP
(DISH-Nasdaq):
Technical Viewpoint: From a low
of $23.04 on Jan 27, 2003 prices
rallied, reaching a
high of $26.15
on Jan 31, 2003. A
decline saw prices pull back, reaching a
low of
$23.88 on Feb 13, 2003.
Another rally saw prices penetrate
resistance, closing 3/4/03
at $27.65. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 4, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $25.25. Resistance: Is at $23.25.
Point & Figure: Reversed to the upside on Mar 3, 2003. A P&F upside
reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! ECHOSTAR COMMUN CORP
(DISH-Nasdaq) @ $28.13 Stop: Use a protective stop of $26.13.
ECHOSTAR COMMUN CORP is currently trading @ $27.65 plus $1.70 on Mar 4, 2003. Price Objective:
$38.00. Risk/Reward: $2.00 VS. $9.88. 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:
$38.00
Risk/Reward:
$2.00 VS. $9.88
Risk/Reward Ratio:
5:1
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