FMC CORP
(FMC-NYSE):
Technical Viewpoint: From a low
of $47.57 on Feb 23, 2005 prices
rallied, reaching a
high of $52.66
on Mar 15, 2005. A
decline saw prices pull back, reaching a
low of
$49.75 on Mar 23, 2005.
Another rally saw prices penetrate
resistance, closing 3/24/05
at $55.93. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 24, 2005 when the solid line crossed the dotted line to the upside.
Support: Remains at $50.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 15, 2005. A P&F upside
reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! FMC CORP
(FMC-NYSE) @ $56.50 Stop: Use a protective stop of $54.13.
FMC CORP is currently trading @ $55.93 plus $6.17 on Mar 24, 2005. Price Objective:
$69.50. Risk/Reward: $2.38 VS. $13.00. 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:
$69.50
Risk/Reward:
$2.38 VS. $13.00
Risk/Reward Ratio:
5:1
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