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VERINT SYSTEMS INC
(VRNT-Nasdaq):
Technical Viewpoint: From a low
of $16.40 on Apr 8, 2003 prices
rallied, reaching a
high of $23.95
on May 7, 2003. A
decline saw prices pull back, reaching a
low of
$18.50 on May 19, 2003.
Another rally saw prices penetrate
resistance, closing 6/3/03
at $24.37. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 16, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $21.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 3, 2003. A P&F upside
reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! VERINT SYSTEMS INC
(VRNT-Nasdaq) @ $24.88 Stop: Use a protective stop of $22.88.
VERINT SYSTEMS INC is currently trading @ $24.37 plus $1.98 on Jun 3, 2003. Price Objective:
$36.00. Risk/Reward: $2.00 VS. $11.12. 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:
$36.00
Risk/Reward:
$2.00 VS. $11.12
Risk/Reward Ratio:
5:1
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