PIXAR
(PIXR-Nasdaq):
Technical Viewpoint: From a low
of $56.13 on Jun 25, 2003 prices
rallied, reaching a
high of $69.48
on Jul 11, 2003. A
decline saw prices pull back, reaching a
low of
$63.35 on Aug 8, 2003.
Another rally saw prices penetrate
resistance, closing 8/21/03
at $71.51. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 3, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $65.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 18, 2003. A P&F upside
reversal takes place at $68.00. Summary: Technical indicators have turned bullish. BUY! PIXAR
(PIXR-Nasdaq) @ $71.63 Stop: Use a protective stop of $69.13.
PIXAR is currently trading @ $71.51 plus $3.56 on Aug 21, 2003. Price Objective:
$87.00. Risk/Reward: $2.50 VS. $15.38. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$87.00
Risk/Reward:
$2.50 VS. $15.38
Risk/Reward Ratio:
6:1
|