J2 GLOBAL COMMUNICATIONS
(JCOM-Nasdaq):
Technical Viewpoint: From a low
of $21.05 on Jul 18, 2003 prices
rallied, reaching a
high of $28.15
on Jul 12, 2003. A
decline saw prices pull back, reaching a
low of
$23.63 on Aug 7, 2003.
Another rally saw prices penetrate
resistance, closing 9/11/03
at $41.57. Technicals: MACD Index (MACD): A Buy Alert!
was given on Aug 18, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $33.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 11, 2003. A P&F upside
reversal takes place at $38.00. Summary: Technical indicators have turned bullish. BUY! J2 GLOBAL COMMUNICATIONS
(JCOM-Nasdaq) @ $41.88 Stop: Use a protective stop of $39.88.
J2 GLOBAL COMMUNICATIONS is currently trading @ $41.57 plus $5.98 on Sep 11, 2003. Price Objective:
$52.00. Risk/Reward: $2.00 VS. $10.12. 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:
$52.00
Risk/Reward:
$2.00 VS. $10.12
Risk/Reward Ratio:
5:1
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