ALTISOURCE PORTIFOLIO
(ASPS-Nasdaq):
Technical Viewpoint: From a low
of $22.08 on Apr 1, 2010 prices
rallied, reaching a
high of $26.94
on Apr 15, 2010. A
decline saw prices pull back, reaching a
low of
$21.21 on May 11, 2010.
Another rally saw prices penetrate
resistance, closing 6/4/10
at $26.97. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 19, 2010 when the solid line crossed the dotted line to the upside.
Support: Remains at $26.00. Resistance: Is at $27.79.
Point & Figure: Reversed to the upside on May 12, 2010. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! ALTISOURCE PORTIFOLIO
(ASPS-Nasdaq) @ $27.38 Stop: Use a protective stop of $25.38.
ALTISOURCE PORTIFOLIO is currently trading @ $26.97 plus $0.21 on Jun 4, 2010. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $12.12. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$39.50
Risk/Reward:
$2.00 VS. $12.12
Risk/Reward Ratio:
6:1
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