WIRELESS FACILITIES INC
(WFII-Nasdaq):
Technical Viewpoint: From a low
of $11.14 on Oct 2, 2003 prices
rallied, reaching a
high of $16.37
on Oct 15, 2003. A
decline saw prices pull back, reaching a
low of
$13.65 on Oct 27, 2003.
Another rally saw prices penetrate
resistance, closing 10/31/03
at $17.15. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 13, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $14.38. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 31, 2003. A P&F upside
reversal takes place at $16.00. Summary: Technical indicators have turned bullish. BUY! WIRELESS FACILITIES INC
(WFII-Nasdaq) @ $17.63 Stop: Use a protective stop of $16.13.
WIRELESS FACILITIES INC is currently trading @ $17.15 plus $2.00 on Oct 31, 2003. Price Objective:
$26.00. Risk/Reward: $1.50 VS. $8.37. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$26.00
Risk/Reward:
$1.50 VS. $8.37
Risk/Reward Ratio:
5:1
|