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AMERICA ONLINE INC
(AOL-NYSE):
Technical Viewpoint: From a low
of $76.94 on Aug 5, 1999 prices
rallied, reaching a
high of $104.50
on Aug 26, 1999. A
decline saw prices pull back, reaching a
low of
$80 1/2 on Sep 21, 1999.
Another rally saw prices penetrate
resistance, closing 9/24/99
at $97 1/2. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Sep 24, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $80 1/2. Resistance: Is at $104.00.
Point & Figure: Reversed to the upside on Sep 22, 1999. A P&F upside
reversal takes place at $92.00. Summary: Technical indicators have turned bullish. BUY! AMERICA ONLINE INC
(AOL-NYSE) @ $98 1/4 Stop: Use a protective stop of $95 1/4.
AMERICA ONLINE INC is currently trading @ $97 1/2 plus $10.00 on Sep 24, 1999. Price Objective:
$150.00. Risk/Reward: $3.00 VS. $51 3/4 . Today's Risk Reward Ratio: 17:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$150.00
Risk/Reward:
$3.00 VS. $51 3/4
Risk/Reward Ratio:
17:1
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