BUY! MEDCO HEALTH SOLUTIONS (MHS) NYSE

  Report No. 2347    Analysis by: Harry Aloof     NOVEMBER 9, 2009

MEDCO HEALTH SOLUTIONS (MHS-NYSE): Technical Viewpoint: From a low of $29.80 on Oct 27, 2009 prices rallied, reaching a high of $48.95 on Feb 6, 2009. A decline saw prices pull back, reaching a low of $36.46 on Mar 16, 2009. Another rally saw prices penetrate resistance, closing 11/6/09 at $60.64. Technicals: MACD Index (MACD): A Buy Alert! was given on Nov 3, 2009 when the solid line crossed the dotted line to the upside. Support: Remains at $49.00. Resistance: Is at $60.90. Point & Figure: Reversed to the upside on Mar 16, 2009. A P&F upside reversal takes place at $57.00. Summary: Technical indicators have turned bullish. BUY! MEDCO HEALTH SOLUTIONS (MHS-NYSE) @ $61.13 Stop: Use a protective stop of $58.63. MEDCO HEALTH SOLUTIONS is currently trading @ $60.64 plus $4.52 on Nov 6, 2009. Price Objective: $72.50. Risk/Reward: $2.50 VS. $11.37. Today's Risk Reward Ratio:

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

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Price Objective:
$72.50 Risk/Reward:
$2.50 VS. $11.37 Risk/Reward Ratio:

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