|
CORPORATE EXEC BOARD CO
(EXBD-Nasdaq):
Technical Viewpoint: From a low
of $57.27 on Oct 25, 2004 prices
rallied, reaching a
high of $64.92
on Nov 3, 2004. A
decline saw prices pull back, reaching a
low of
$62.46 on Nov 8, 2004.
Another rally saw prices penetrate
resistance, closing 11/16/04
at $67.64. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 26, 2004 when the Histogram crossed the "0" line to the upside.
Support: Remains at $64.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 16, 2004. A P&F upside
reversal takes place at $65.25. Summary: Technical indicators have turned bullish. BUY! CORPORATE EXEC BOARD CO
(EXBD-Nasdaq) @ $67.88 Stop: Use a protective stop of $65.38.
CORPORATE EXEC BOARD CO is currently trading @ $67.64 plus $2.56 on Nov 16, 2004. Price Objective:
$82.50. Risk/Reward: $2.50 VS. $14.62. 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:
$82.50
Risk/Reward:
$2.50 VS. $14.62
Risk/Reward Ratio:
6:1
|
