|
MAMA.COM INC
(MAMA-Nasdaq):
Technical Viewpoint: From a low
of $10.50 on May 20, 2004 prices
rallied, reaching a
high of $13.79
on Jun 3, 2004. A
decline saw prices pull back, reaching a
low of
$11.15 on Jun 22, 2004.
Another rally saw prices penetrate
resistance, closing 6/28/04
at $13.75. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 28, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $11.25. Resistance: Is at $14.07.
Point & Figure: Reversed to the upside on Jun 28, 2004. A P&F upside
reversal takes place at $12.60. Summary: Technical indicators have turned bullish. BUY! MAMA.COM INC
(MAMA-Nasdaq) @ $14.13 Stop: Use a protective stop of $12.63.
MAMA.COM INC is currently trading @ $13.75 plus $1.83 on Jun 28, 2004. Price Objective:
$22.75. Risk/Reward: $1.50 VS. $8.62. Today's Risk Reward Ratio: 6:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$22.75
Risk/Reward:
$1.50 VS. $8.62
Risk/Reward Ratio:
6:1
|
