SYBASE INC
(SY-NYSE):
Technical Viewpoint: From a low
of $16.51 on Sep 26, 2003 prices
rallied, reaching a
high of $18.98
on Nov 15, 2003. A
decline saw prices pull back, reaching a
low of
$17.43 on Oct 24, 2003.
Another rally saw prices penetrate
resistance, closing 11/11/03
at $19.83. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Nov 4, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $18.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 10, 2003. A P&F upside
reversal takes place at $18.00. Summary: Technical indicators have turned bullish. BUY! SYBASE INC
(SY-NYSE) @ $20.13 Stop: Use a protective stop of $18.63.
SYBASE INC is currently trading @ $19.83 plus $1.30 on Nov 11, 2003. Price Objective:
$33.00. Risk/Reward: $1.50 VS. $12.87. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$33.00
Risk/Reward:
$1.50 VS. $12.87
Risk/Reward Ratio:
8:1
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