OVERTURE SERVICES INC
(OVER-Nasdaq):
Technical Viewpoint: From a low
of $16.12 on Jun 24, 2003 prices
rallied, reaching a
high of $23.03
on Jul 8, 2003. A
decline saw prices pull back, reaching a
low of
$20.95 on Jul 10, 2003.
Another rally saw prices penetrate
resistance, closing 7/14/03
at $24.05. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 22, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $21.00. Resistance: Is at $26.65.
Point & Figure: Reversed to the upside on Jul 14, 2003. A P&F upside
reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! OVERTURE SERVICES INC
(OVER-Nasdaq) @ $24.63 Stop: Use a protective stop of $22.63.
OVERTURE SERVICES INC is currently trading @ $24.05 plus $2.54 on Jul 14, 2003. Price Objective:
$33.00. Risk/Reward: $2.00 VS. $8.38. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$33.00
Risk/Reward:
$2.00 VS. $8.38
Risk/Reward Ratio:
4:1
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