NBTY INC
(NTY-NYSE):
Technical Viewpoint: From a low
of $22.95 on Jul 5, 2006 prices
rallied, reaching a
high of $24.99
on Jul 12, 2006. A
decline saw prices pull back, reaching a
low of
$22.85 on Jul 17, 2006.
Another rally saw prices penetrate
resistance, closing 7/28/06
at $29.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 6, 2006 when the Histogram crossed the "0" line to the upside.
Support: Remains at $25.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 26, 2006. A P&F upside
reversal takes place at $26.00. Summary: Technical indicators have turned bullish. BUY! NBTY INC
(NTY-NYSE) @ $29.50 Stop: Use a protective stop of $27.50.
NBTY INC is currently trading @ $29.20 plus $4.32 on Jul 28, 2006. Price Objective:
$39.75. Risk/Reward: $2.00 VS. $10.25. 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:
$39.75
Risk/Reward:
$2.00 VS. $10.25
Risk/Reward Ratio:
5:1
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