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POWER INTEGRATIONS
(POWI-Nasdaq):
Technical Viewpoint: From a low
of $33.51 on Sep 11, 2003 prices
rallied, reaching a
high of $37.55
on Sep 23, 2003. A
decline saw prices pull back, reaching a
low of
$33.24 on Sep 30, 2003.
Another rally saw prices penetrate
resistance, closing 10/14/03
at $41.90. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 7, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $38.00. Resistance: Is at $49.63.
Point & Figure: Reversed to the upside on Oct 14, 2003. A P&F upside
reversal takes place at $40.00. Summary: Technical indicators have turned bullish. BUY! POWER INTEGRATIONS
(POWI-Nasdaq) @ $42.13 Stop: Use a protective stop of $40.13.
POWER INTEGRATIONS is currently trading @ $41.90 plus $2.72 on Oct 14, 2003. Price Objective:
$51.50. Risk/Reward: $2.00 VS. $9.38. 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:
$51.50
Risk/Reward:
$2.00 VS. $9.38
Risk/Reward Ratio:
5:1
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