IDEARC INC
(IAR-NYSE):
Technical Viewpoint: From a low
of $34.40 on Jun 29, 2007 prices
rallied, reaching a
high of $37.25
on Jul 16, 2007. A
decline saw prices pull back, reaching a
low of
$35.64 on Jul 19, 2007.
Another rally saw prices penetrate
resistance, closing 7/20/07
at $36.94. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 5, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $35.00. Resistance: Is at $37.25.
Point & Figure: Reversed to the upside on Jul 16, 2007. A P&F upside
reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! IDEARC INC
(IAR-NYSE) @ $37.13 Stop: Use a protective stop of $35.13.
IDEARC INC is currently trading @ $36.94 plus $0.86 on Jul 20, 2007. Price Objective:
$44.50. Risk/Reward: $2.00 VS. $7.38. 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:
$44.50
Risk/Reward:
$2.00 VS. $7.38
Risk/Reward Ratio:
4:1
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