BUY! GLOBAL CROSSING (GBLX) Nasdaq

  Report No. 934    Analysis by: Harry Aloof     DECEMBER 14, 1999

GLOBAL CROSSING (GBLX-Nasdaq): Technical Viewpoint: From a low of $32.19 on Nov 2, 1999 prices rallied, reaching a high of $46.06 on Nov 17, 1999. A decline saw prices pull back, reaching a low of $40 5/8 on Nov 24, 1999. Another rally saw prices penetrate resistance, closing 12/13/99 at $51 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 8, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $44.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 10, 1999. A P&F upside reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! GLOBAL CROSSING (GBLX-Nasdaq) @ $51 5/8 Stop: Use a protective stop of $48 3/4. GLOBAL CROSSING is currently trading @ $51 3/8 plus $4 1/2 on Dec 13, 1999. Price Objective: $69.50. Risk/Reward: $2 7/8 VS. $17 7/8. Today's Risk Reward Ratio: 6:1

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

View full size chart
Price Objective:
$69.50 Risk/Reward:
$2 7/8 VS. $17 7/8 Risk/Reward Ratio:
6:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com