INTERNAT RECTIFIER CORP
(IRF-NYSE):
Technical Viewpoint: From a low
of $26.00 on Jul 1, 2003 prices
rallied, reaching a
high of $30.50
on Jul 9, 2003. A
decline saw prices pull back, reaching a
low of
$27.02 on Jul 30, 2003.
Another rally saw prices penetrate
resistance, closing 8/1/03
at $30.85. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 28, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $27.25. Resistance: Is at $46.67.
Point & Figure: Reversed to the upside on Aug 1, 2003. A P&F upside
reversal takes place at $29.00. Summary: Technical indicators have turned bullish. BUY! INTERNAT RECTIFIER CORP
(IRF-NYSE) @ $31.13 Stop: Use a protective stop of $29.13.
INTERNAT RECTIFIER CORP is currently trading @ $30.85 plus $3.25 on Aug 1, 2003. Price Objective:
$41.00. Risk/Reward: $2.00 VS. $9.88. 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:
$41.00
Risk/Reward:
$2.00 VS. $9.88
Risk/Reward Ratio:
5:1
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