BUY! NATIONAL SEMICONDUCTOR (NSM) NYSE

  Report No. 1891    Analysis by: Harry Aloof     NOVEMBER 25, 2003

NATIONAL SEMICONDUCTOR (NSM-NYSE): Technical Viewpoint: From a low of $36.09 on Oct 24, 2003 prices rallied, reaching a high of $44.60 on Nov 7, 2003. A decline saw prices pull back, reaching a low of $39.00 on Nov 17, 2003. Another rally saw prices penetrate resistance, closing 11/24/03 at $42.42. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Nov 24, 2003 when the solid line crossed the dotted line to the upside. Support: Remains at $39.75. Resistance: Is at $43.78. Point & Figure: Reversed to the upside on Nov 24, 2003. A P&F upside reversal takes place at $40.50. Summary: Technical indicators have turned bullish. BUY! NATIONAL SEMICONDUCTOR (NSM-NYSE) @ $42.50 Stop: Use a protective stop of $40.50. NATIONAL SEMICONDUCTOR is currently trading @ $42.42 plus $2.52 on Nov 24, 2003. Price Objective: $51.00. Risk/Reward: $2.00 VS. $8.50. Today's Risk Reward Ratio: 4:1

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

View full size chart
Price Objective:
$51.00 Risk/Reward:
$2.00 VS. $8.50 Risk/Reward Ratio:
4:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com