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HMS HOLDINGS CORP
(HMSY-Nasdaq):
Technical Viewpoint: From a low
of $30.31 on Feb 2, 2009 prices
rallied, reaching a
high of $34.47
on Feb 6, 2009. A
decline saw prices pull back, reaching a
low of
$30.66 on Feb 18, 2009.
Another rally saw prices penetrate
resistance, closing 2/20/09
at $34.68. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Feb 20, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $32.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 20, 2009. A P&F upside
reversal takes place at $32.00. Summary: Technical indicators have turned bullish. BUY! Hms Holdings Corp
(HMSY-Nasdaq) @ $35.13 Stop: Use a protective stop of $33.13.
Hms Holdings Corp is currently trading @ $34.68 plus $3.26 on Feb 20, 2009. Price Objective:
$42.50. Risk/Reward: $2.00 VS. $7.38. 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:
$42.50
Risk/Reward:
$2.00 VS. $7.38
Risk/Reward Ratio:
4:1
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