HCC INSURANCE HOLDINGS INC
(HCC-NYSE):
Technical Viewpoint: From a low
of $29.00 on Dec 22, 2005 prices
rallied, reaching a
high of $32.09
on Jan 19, 2006. A
decline saw prices pull back, reaching a
low of
$30.55 on Jan 31, 2006.
Another rally saw prices penetrate
resistance, closing 2/10/06
at $32.87. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Feb 10, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $29.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 11, 2006. A P&F upside
reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! HCC INSURANCE HOLDINGS INC
(HCC-NYSE) @ $33.13 Stop: Use a protective stop of $31.13.
HCC INSURANCE HOLDINGS INC is currently trading @ $32.87 plus $1.55 on Feb 10, 2006. Price Objective:
$42.00. Risk/Reward: $2.00 VS. $8.87. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$42.00
Risk/Reward:
$2.00 VS. $8.87
Risk/Reward Ratio:
4:1
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