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IMS HEALTH INC
(RX-NYSE):
Technical Viewpoint: From a low
of $23.30 on Apr 19, 2004 prices
rallied, reaching a
high of $26.48
on Apr 27, 2004. A
decline saw prices pull back, reaching a
low of
$25.05 on Apr 30, 2004.
Another rally saw prices penetrate
resistance, closing 5/3/04
at $26.02. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 12, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $24.13. Resistance: Is at $26.48.
Point & Figure: Reversed to the upside on Apr 23, 2004. A P&F upside
reversal takes place at $23.00. Summary: Technical indicators have turned bullish. BUY! IMS HEALTH INC
(RX-NYSE) @ $26.25 Stop: Use a protective stop of $24.25.
IMS HEALTH INC is currently trading @ $26.02 plus $0.77 on May 3, 2004. Price Objective:
$37.00. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$37.00
Risk/Reward:
$2.00 VS. $10.75
Risk/Reward Ratio:
5:1
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