BUY! AVOCENT CORPORATION (AVCT) Nasdaq

  Report No. 2284    Analysis by: Harry Aloof     JULY 7, 2008

AVOCENT CORPORATION (AVCT-Nasdaq): Technical Viewpoint: From a low of $18.17 on May 23, 2008 prices rallied, reaching a high of $21.08 on Jun 5, 2008. A decline saw prices pull back, reaching a low of $18.18 on Jun 27, 2008. Another rally saw prices penetrate resistance, closing 7/3/08 at $23.19. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 3, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $18.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 2, 2008. A P&F upside reversal takes place at $21.00. Summary: Technical indicators have turned bullish. BUY! AVOCENT CORPORATION (AVCT-Nasdaq) @ $23.50 Stop: Use a protective stop of $21.50. AVOCENT CORPORATION is currently trading @ $23.19 plus $1.41 on Jul 3, 2008. Price Objective: $39.50. Risk/Reward: $2.00 VS. $16.00. Today's Risk Reward Ratio: 8:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$39.50 Risk/Reward:
$2.00 VS. $16.00 Risk/Reward Ratio:
8:1
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