INTUIT INC
(INTU-Nasdaq):
Technical Viewpoint: From a low
of $48.06 on Nov 30, 1999 prices
rallied, reaching a
high of $63.00
on Dec 7, 1999. A
decline saw prices pull back, reaching a
low of
$54.00 on Jan 3, 2000.
Another rally saw prices penetrate
resistance, closing 1/5/00
at $78.44. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 5, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $61 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 4, 2000. A P&F upside
reversal takes place at $75.00. Summary: Technical indicators have turned bullish. BUY! INTUIT INC
(INTU-Nasdaq) @ $80 1/8 Stop: Use a protective stop of $77 1/8.
INTUIT INC is currently trading @ $78.44 plus $17.56 on Jan 5, 2000. Price Objective:
$102 1/2. Risk/Reward: $3.00 VS. $22 3/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$102 1/2
Risk/Reward:
$3.00 VS. $22 3/8
Risk/Reward Ratio:
7:1
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