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NETOPIA INC
(NTPA-Nasdaq):
Technical Viewpoint: From a low
of $6.97 on Oct 1, 2003 prices
rallied, reaching a
high of $9.35
on Oct 9, 2003. A
decline saw prices pull back, reaching a
low of
$7.27 on Oct 24, 2003.
Another rally saw prices penetrate
resistance, closing 11/18/03
at $14.58. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Nov 18, 2003 when the solid line crossed the dotted line to the upside.
Support: Remains at $12.38. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 18, 2003. A P&F upside
reversal takes place at $14.00. Summary: Technical indicators have turned bullish. BUY! NETOPIA INC
(NTPA-Nasdaq) @ $14.88 Stop: Use a protective stop of $13.38.
NETOPIA INC is currently trading @ $14.58 plus $1.73 on Nov 18, 2003. Price Objective:
$25.00. Risk/Reward: $1.50 VS. $10.12. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$25.00
Risk/Reward:
$1.50 VS. $10.12
Risk/Reward Ratio:
7:1
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