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DEVRY INC
(DV-NYSE):
Technical Viewpoint: From a low
of $36.79 on Oct 22, 2007 prices
rallied, reaching a
high of $58.66
on Nov 8, 2007. A
decline saw prices pull back, reaching a
low of
$50.47 on Nov 26, 2007.
Another rally saw prices penetrate
resistance, closing 12/7/07
at $57.89. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 7, 2007 when the solid line crossed the dotted line to the upside.
Support: Remains at $51.00. Resistance: Is at $58.66.
Point & Figure: Reversed to the upside on Nov 28, 2007. A P&F upside
reversal takes place at $54.00. Summary: Technical indicators have turned bullish. BUY! DEVRY INC
(DV-NYSE) @ $58.63 Stop: Use a protective stop of $56.13.
DEVRY INC is currently trading @ $57.89 plus $2.28 on Dec 7, 2007. Price Objective:
$69.50. Risk/Reward: $2.50 VS. $10.87. 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:
$69.50
Risk/Reward:
$2.50 VS. $10.87
Risk/Reward Ratio:
4:1
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