|
LEVEL 3 COMMUN
(LVLT-Nasdaq):
Technical Viewpoint: From a low
of $52 1/4 on Oct 19, 1999 prices
rallied, reaching a
high of $79.31
on Nov 19, 1999. A
decline saw prices pull back, reaching a
low of
$65 7/8 on Dec 9, 1999.
Another rally saw prices penetrate
resistance, closing 12/14/99
at $79.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 22, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $71 3/4. 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 $76 1/2. Summary: Technical indicators have turned bullish. BUY! LEVEL 3 COMMUN
(LVLT-Nasdaq) @ $81 7/8 Stop: Use a protective stop of $79 1/8.
LEVEL 3 COMMUN is currently trading @ $79.94 plus $7.69 on Dec 14, 1999. Price Objective:
$96.00. Risk/Reward: $2 3/4 VS. $14 1/8. Today's Risk Reward Ratio: 5:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$96.00
Risk/Reward:
$2 3/4 VS. $14 1/8
Risk/Reward Ratio:
5:1
|
