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CHINA YUCHAI INT LTD
(CYD-NYSE):
Technical Viewpoint: From a low
of $7.02 on Apr 5, 2005 prices
rallied, reaching a
high of $12.41
on Apr 13, 2005. A
decline saw prices pull back, reaching a
low of
$10.02 on May 17, 2005.
Another rally saw prices penetrate
resistance, closing 5/20/05
at $12.20. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 20, 2005 when the solid line crossed the dotted line to the upside.
Support: Remains at $10.50. Resistance: Is at $12.41.
Point & Figure: Reversed to the upside on May 22, 2005. A P&F upside
reversal takes place at $10.50. Summary: Technical indicators have turned bullish. BUY! CHINA YUCHAI INT LTD
(CYD-NYSE) @ $12.38 Stop: Use a protective stop of $10.88.
CHINA YUCHAI INT LTD is currently trading @ $12.20 plus $1.10 on May 20, 2005. Price Objective:
$19.50. Risk/Reward: $1.50 VS. $7.12. 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:
$19.50
Risk/Reward:
$1.50 VS. $7.12
Risk/Reward Ratio:
5:1
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