COMPUTER SCIENCES CORP
(CSC-NYSE):
Technical Viewpoint: From a low
of $27.50 on Mar 17, 2003 prices
rallied, reaching a
high of $33.92
on Mar 27, 2003. A
decline saw prices pull back, reaching a
low of
$26.52 on Apr 2, 2003.
Another rally saw prices penetrate
resistance, closing 5/14/03
at $37.30. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 14, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.13. Resistance: Is at $38.61.
Point & Figure: Reversed to the upside on May 14, 2003. A P&F upside
reversal takes place at $36.00. Summary: Technical indicators have turned bullish. BUY! COMPUTER SCIENCES CORP
(CSC-NYSE) @ $38.13 Stop: Use a protective stop of $36.13.
COMPUTER SCIENCES CORP is currently trading @ $37.30 plus $3.27 on May 14, 2003. Price Objective:
$53.00. Risk/Reward: $2.00 VS. $14.88. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$53.00
Risk/Reward:
$2.00 VS. $14.88
Risk/Reward Ratio:
7:1
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