NAT'L SEMICONDUCTOR
(NSM-NYSE):
Technical Viewpoint: From a low
of $32 1/2 on Nov 10, 1999 prices
rallied, reaching a
high of $51 7/8
on Dec 9, 1999. A
decline saw prices pull back, reaching a
low of
$39 1/8 on Jan 6, 2000.
Another rally saw prices penetrate
resistance, closing 1/25/00
at $52.56. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 25, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $47 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jan 25, 2000. A P&F upside
reversal takes place at $50.00. Summary: Technical indicators have turned bullish. BUY! Nat'l Semiconductor
(NSM-NYSE) @ $53 7/8 Stop: Use a protective stop of $50 7/8.
Nat'l Semiconductor is currently trading @ $52.56 plus $6.06 on Jan 25, 2000. Price Objective:
$67.00. Risk/Reward: $3.00 VS. $13 1/8. 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:
$67.00
Risk/Reward:
$3.00 VS. $13 1/8
Risk/Reward Ratio:
4:1
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