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EXPRESS SCRIPTS INC
(ESRX-Nasdaq):
Technical Viewpoint: From a low
of $47.63 on Sep 16, 2007 prices
rallied, reaching a
high of $55.99
on Sep 6, 2007. A
decline saw prices pull back, reaching a
low of
$52.05 on Sep 17, 2007.
Another rally saw prices penetrate
resistance, closing 9/28/07
at $55.82. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 28, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $48.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 20, 2007. A P&F upside
reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! EXPRESS SCRIPTS INC
(ESRX-Nasdaq) @ $56.13 Stop: Use a protective stop of $53.63.
EXPRESS SCRIPTS INC is currently trading @ $55.82 plus $1.39 on Sep 28, 2007. Price Objective:
$66.00. Risk/Reward: $2.50 VS. $9.87. 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:
$66.00
Risk/Reward:
$2.50 VS. $9.87
Risk/Reward Ratio:
4:1
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