BUY! LEXMARK INTERNAT'L (LXK) NYSE

  Report No. 1866    Analysis by: Harry Aloof     OCTOBER 21, 2003

LEXMARK INTERNAT'L (LXK-NYSE): Technical Viewpoint: From a low of $63.54 on Aug 10, 2003 prices rallied, reaching a high of $69.84 on Sep 8, 2003. A decline saw prices pull back, reaching a low of $62.00 on Sep 30, 2003. Another rally saw prices penetrate resistance, closing 10/20/03 at $74.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 14, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $67.50. Resistance: Is at $75.41. Point & Figure: Reversed to the upside on Oct 20, 2003. A P&F upside reversal takes place at $71.00. Summary: Technical indicators have turned bullish. BUY! LEXMARK INTERNAT'L (LXK-NYSE) @ $74.38 Stop: Use a protective stop of $71.88. LEXMARK INTERNAT'L is currently trading @ $74.00 plus $6.75 on Oct 20, 2003. Price Objective: $89.00. Risk/Reward: $2.50 VS. $14.62. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$89.00 Risk/Reward:
$2.50 VS. $14.62 Risk/Reward Ratio:
6:1
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