SOHU.COM INC
(SOHU-Nasdaq):
Technical Viewpoint: From a low
of $38.25 on Mar 30, 2009 prices
rallied, reaching a
high of $50.95
on Apr 13, 2009. A
decline saw prices pull back, reaching a
low of
$45.37 on Apr 21, 2009.
Another rally saw prices penetrate
resistance, closing 5/1/09
at $56.75. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 30, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $49.75. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 30, 2009. A P&F upside
reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! Sohu.Com Inc
(SOHU-Nasdaq) @ $57.13 Stop: Use a protective stop of $54.63.
Sohu.Com Inc is currently trading @ $56.75 plus $4.60 on May 1, 2009. Price Objective:
$65.00. Risk/Reward: $2.50 VS. $7.87. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$65.00
Risk/Reward:
$2.50 VS. $7.87
Risk/Reward Ratio:
3:1
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