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METTLER TOLEDO INTL
(MTD-NYSE):
Technical Viewpoint: From a low
of $50.32 on Oct 14, 2005 prices
rallied, reaching a
high of $52.85
on Oct 20, 2005. A
decline saw prices pull back, reaching a
low of
$50.55 on Oct 27, 2005.
Another rally saw prices penetrate
resistance, closing 11/4/05
at $56.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 20, 2005 when the Histogram crossed the "0" line to the upside.
Support: Remains at $52.85. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 5, 2005. A P&F upside
reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! METTLER TOLEDO INTL
(MTD-NYSE) @ $56.88 Stop: Use a protective stop of $54.38.
METTLER TOLEDO INTL is currently trading @ $56.20 plus $3.83 on Nov 4, 2005. Price Objective:
$69.50. Risk/Reward: $2.50 VS. $12.62. 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:
$2.50 VS. $12.62
Risk/Reward Ratio:
5:1
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