AIR METHORDS CORP
(AIRM-Nasdaq):
Technical Viewpoint: From a low
of $26.20 on Jun 15, 2009 prices
rallied, reaching a
high of $28.85
on Aug 10, 2009. A
decline saw prices pull back, reaching a
low of
$25.43 on Jul 10, 2009.
Another rally saw prices penetrate
resistance, closing 8/7/09
at $31.60. Technicals: MACD Index (MACD): A Buy Alert!
was given on Aug 7, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $29.75. Resistance: Is at $27.75.
Point & Figure: Reversed to the upside on Aug 7, 2009. A P&F upside
reversal takes place at $29.50. Summary: Technical indicators have turned bullish. BUY! AIR METHORDS CORP
(AIRM-Nasdaq) @ $31.75 Stop: Use a protective stop of $29.75.
AIR METHORDS CORP is currently trading @ $31.60 plus $3.11 on Aug 7, 2009. Price Objective:
$42.00. Risk/Reward: $2.00 VS. $10.25. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$42.00
Risk/Reward:
$2.00 VS. $10.25
Risk/Reward Ratio:
5:1
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