NATIONAL SEMICONDUCTOR
(NSM-NYSE):
Technical Viewpoint: From a low
of $23.60 on Apr 17, 2007 prices
rallied, reaching a
high of $28.08
on May 14, 2007. A
decline saw prices pull back, reaching a
low of
$25.37 on May 24, 2007.
Another rally saw prices penetrate
resistance, closing 6/8/07
at $29.58. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jun 8, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $26.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jun 8, 2007. A P&F upside
reversal takes place at $27.00. Summary: Technical indicators have turned bullish. BUY! NATIONAL SEMICONDUCTOR
(NSM-NYSE) @ $29.63 Stop: Use a protective stop of $27.63.
NATIONAL SEMICONDUCTOR is currently trading @ $29.58 plus $3.79 on Jun 8, 2007. Price Objective:
$82.50. Risk/Reward: $2.00 VS. $10.12. 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:
$82.50
Risk/Reward:
$2.00 VS. $10.12
Risk/Reward Ratio:
5:1
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