OSI PHARMACEUTICALS
(OSIP-Nasdaq):
Technical Viewpoint: From a low
of $28.68 on Aug 10, 2007 prices
rallied, reaching a
high of $35.89
on Sep 6, 2007. A
decline saw prices pull back, reaching a
low of
$33.27 on Oct 8, 2007.
Another rally saw prices penetrate
resistance, closing 10/26/07
at $41.71. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 15, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $36.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 14, 2007. A P&F upside
reversal takes place at $39.00. Summary: Technical indicators have turned bullish. BUY! OSI PHARMACEUTICALS
(OSIP-Nasdaq) @ $42.25 Stop: Use a protective stop of $40.25.
OSI PHARMACEUTICALS is currently trading @ $41.71 plus $5.05 on Oct 26, 2007. Price Objective:
$52.50. 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:
$52.50
Risk/Reward:
$2.00 VS. $10.25
Risk/Reward Ratio:
5:1
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