PHARMACIA CORP
(PHA-NYSE):
Technical Viewpoint: From a low
of $40.33 on Dec 30, 2003 prices
rallied, reaching a
high of $43.98
on Jan 7, 2003. A
decline saw prices pull back, reaching a
low of
$38.27 on Feb 25, 2003.
Another rally saw prices penetrate
resistance, closing 3/19/03
at $42.80. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 17, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $41.25. Resistance: Is at $43.98.
Point & Figure: Reversed to the upside on Mar 8, 2003. A P&F upside
reversal takes place at $41.50. Summary: Technical indicators have turned bullish. BUY! PHARMACIA CORP
(PHA-NYSE) @ $43.13 Stop: Use a protective stop of $41.13.
PHARMACIA CORP is currently trading @ $42.80 plus $0.90 on Mar 19, 2003. Price Objective:
$54.00. Risk/Reward: $2.00 VS. $10.88. 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:
$54.00
Risk/Reward:
$2.00 VS. $10.88
Risk/Reward Ratio:
5:1
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