APOLLO GROUP INC
(APOL-Nasdaq):
Technical Viewpoint: From a low
of $58.63 on Aug 27, 2003 prices
rallied, reaching a
high of $65.25
on Sep 3, 2003. A
decline saw prices pull back, reaching a
low of
$62.02 on Sep 9, 2003.
Another rally saw prices penetrate
resistance, closing 9/12/03
at $66.39. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 12, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $63.00. Resistance: Is at $67.28.
Point & Figure: Reversed to the upside on Sep 12, 2003. A P&F upside
reversal takes place at $63.75. Summary: Technical indicators have turned bullish. BUY! APOLLO GROUP INC
(APOL-Nasdaq) @ $66.50 Stop: Use a protective stop of $64.13.
APOLLO GROUP INC is currently trading @ $66.39 plus $3.16 on Sep 12, 2003. Price Objective:
$80.00. Risk/Reward: $2.38 VS. $13.50. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$80.00
Risk/Reward:
$2.38 VS. $13.50
Risk/Reward Ratio:
6:1
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