BUY! MCDERMOTT INTERNAT INC (MDR) NYSE

  Report No. 2151    Analysis by: Harry Aloof     JANUARY 3, 2006

MCDERMOTT INTERNAT INC (MDR-NYSE): Technical Viewpoint: From a low of $35.40 on Nov 8, 2005 prices rallied, reaching a high of $42.95 on Dec 6, 2005. A decline saw prices pull back, reaching a low of $39.76 on Dec 19, 2005. Another rally saw prices penetrate resistance, closing 12/30/05 at $44.61. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Dec 30, 2005 when the solid line crossed the dotted line to the upside. Support: Remains at $40.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Oct 25, 2005. A P&F upside reversal takes place at $41.00. Summary: Technical indicators have turned bullish. BUY! MCDERMOTT INTERNAT INC (MDR-NYSE) @ $29.39 Stop: Use a protective stop of $27.38. MCDERMOTT INTERNAT INC is currently trading @ $44.61 plus $2.31 on Dec 30, 2005. Price Objective: $53.00. Risk/Reward: $2.00 VS. $8.39. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$53.00 Risk/Reward:
$2.00 VS. $8.39 Risk/Reward Ratio:
4:1
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