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WADDELL & REED FNCL INC
(WDR-NYSE):
Technical Viewpoint: From a low
of $21.55 on Dec 17, 2003 prices
rallied, reaching a
high of $25.46
on Jan 14, 2004. A
decline saw prices pull back, reaching a
low of
$23.50 on Jan 15, 2004.
Another rally saw prices penetrate
resistance, closing 1/30/04
at $26.54. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 24, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 23, 2004. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! WADDELL & REED FNCL INC
(WDR-NYSE) @ $26.88 Stop: Use a protective stop of $24.88.
WADDELL & REED FNCL INC is currently trading @ $26.54 plus $1.68 on Jan 30, 2004. Price Objective:
$36.00. Risk/Reward: $2.00 VS. $9.13. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$36.00
Risk/Reward:
$2.00 VS. $9.13
Risk/Reward Ratio:
4:1
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