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PHARMACEUTICAL PROD DEV
(PPDI-Nasdaq):
Technical Viewpoint: From a low
of $39.77 on Dec 19, 2007 prices
rallied, reaching a
high of $41.90
on Dec 24, 2007. A
decline saw prices pull back, reaching a
low of
$39.84 on Jan 2, 2008.
Another rally saw prices penetrate
resistance, closing 1/11/08
at $47.71. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 7, 2008 when the solid line crossed the dotted line to the upside.
Support: Remains at $45.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 7, 2008. A P&F upside
reversal takes place at $44.00. Summary: Technical indicators have turned bullish. BUY! PHARMACEUTICAL PROD DEV
(PPDI-Nasdaq) @ $48.13 Stop: Use a protective stop of $46.13.
PHARMACEUTICAL PROD DEV is currently trading @ $47.71 plus $1.57 on Jan 11, 2008. Price Objective:
$59.50. Risk/Reward: $2.00 VS. $11.37. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$59.50
Risk/Reward:
$2.00 VS. $11.37
Risk/Reward Ratio:
6:1
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