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APOLLO GROUP INC
(APOL-Nasdaq):
Technical Viewpoint: From a low
of $51.73 on May 27, 2003 prices
rallied, reaching a
high of $63.35
on Jun 17, 2003. A
decline saw prices pull back, reaching a
low of
$57.00 on Jun 23, 2003.
Another rally saw prices penetrate
resistance, closing 6/24/03
at $63.19. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 24, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $57.13. Resistance: Is at $65.00.
Point & Figure: Reversed to the upside on Jun 24, 2003. A P&F upside
reversal takes place at $62.00. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC
(APOL-Nasdaq) @ $63.75 Stop: Use a protective stop of $61.25.
APOLLO GROUP INC is currently trading @ $63.19 plus $2.77 on Jun 24, 2003. Price Objective:
$82.50. Risk/Reward: $2.50 VS. $18.75. 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:
$82.50
Risk/Reward:
$2.50 VS. $18.75
Risk/Reward Ratio:
7:1
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