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PUMA TECHNOLOGY
(PUMA-Nasdaq):
Technical Viewpoint: From a low
of $61.00 on Dec 7, 1999 prices
rallied, reaching a
high of $96.00
on Dec 13, 1999. A
decline saw prices pull back, reaching a
low of
$71 1/2 on Dec 20, 1999.
Another rally saw prices penetrate
resistance, closing 12/30/99
at $115.00. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Dec 29, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $90.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 29, 1999. A P&F upside
reversal takes place at $108.00. Summary: Technical indicators have turned bullish. BUY! PUMA TECHNOLOGY
(PUMA-Nasdaq) @ $115 1/8 Stop: Use a protective stop of $111 7/8.
PUMA TECHNOLOGY is currently trading @ $115.00 plus $28.00 on Dec 30, 1999. Price Objective:
$128.00. Risk/Reward: $3 1/4 VS. $12 7/8. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$128.00
Risk/Reward:
$3 1/4 VS. $12 7/8
Risk/Reward Ratio:
4:1
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