ICOS CORPORATION
(ICOS-Nasdaq):
Technical Viewpoint: From a low
of $36.44 on Sep 29, 2003 prices
rallied, reaching a
high of $43.50
on Oct 15, 2003. A
decline saw prices pull back, reaching a
low of
$38.75 on Oct 20, 2003.
Another rally saw prices penetrate
resistance, closing 10/24/03
at $45.42. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 25, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $39.50. Resistance: Is at $46.00.
Point & Figure: Reversed to the upside on Oct 21, 2003. A P&F upside
reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! ICOS CORPORATION
(ICOS-Nasdaq) @ $45.63 Stop: Use a protective stop of $43.63.
ICOS CORPORATION is currently trading @ $45.42 plus $3.02 on Oct 24, 2003. Price Objective:
$56.00. Risk/Reward: $2.00 VS. $10.37. 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:
$56.00
Risk/Reward:
$2.00 VS. $10.37
Risk/Reward Ratio:
5:1
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