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IDT CORP
(IDT-NYSE):
Technical Viewpoint: From a low
of $23.53 on Feb 24, 2011 prices
rallied, reaching a
high of $27.39
on Mar 9, 2011. A
decline saw prices pull back, reaching a
low of
$23.50 on Mar 18, 2011.
Another rally saw prices penetrate
resistance, closing 4/8/11
at $29.61. Technicals: MACD Index (MACD): A Buy Alert!
was given on Mar 30, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $28.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Mar 28, 2011. A P&F upside
reversal takes place at $27.00. Summary: Technical indicators have turned bullish. BUY! IDT Corp
(IDT-NYSE) @ $30.13 Stop: Use a protective stop of $28.13.
IDT Corp is currently trading @ $29.61 plus $1.80 on Apr 8, 2011. Price Objective:
$40.00. Risk/Reward: $2.00 VS. $9.87. 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:
$40.00
Risk/Reward:
$2.00 VS. $9.87
Risk/Reward Ratio:
5:1
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