SILICON LABORATORIES
(SLAB-Nasdaq):
Technical Viewpoint: From a low
of $33.61 on Aug 8, 2003 prices
rallied, reaching a
high of $45.35
on Aug 22, 2003. A
decline saw prices pull back, reaching a
low of
$40.35 on Aug 26, 2003.
Another rally saw prices penetrate
resistance, closing 9/5/03
at $47.77. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 7, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $45.25. Resistance: Is at $51.38.
Point & Figure: Reversed to the upside on Sep 4, 2003. A P&F upside
reversal takes place at $45.75. Summary: Technical indicators have turned bullish. BUY! SILICON LABORATORIES
(SLAB-Nasdaq) @ $48.50 Stop: Use a protective stop of $46.50.
SILICON LABORATORIES is currently trading @ $47.77 plus $2.23 on Sep 5, 2003. Price Objective:
$51.38. Risk/Reward: $2.00 VS. $15.50. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$51.38
Risk/Reward:
$2.00 VS. $15.50
Risk/Reward Ratio:
8:1
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