COM21 INC
(CMTO-Nasdaq):
Technical Viewpoint: From a low
of $19 1/4 on Jan 7, 2000 prices
rallied, reaching a
high of $36 1/8
on Jan 24, 2000. A
decline saw prices pull back, reaching a
low of
$26 1/2 on Jan 31, 2000.
Another rally saw prices penetrate
resistance, closing 2/9/00
at $42.06. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 13, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $36.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 1, 2000. A P&F upside
reversal takes place at $40.00. Summary: Technical indicators have turned bullish. BUY! COM21 INC
(CMTO-Nasdaq) @ $43 1/8 Stop: Use a protective stop of $40 3/8.
COM21 INC is currently trading @ $42.06 plus $6.68 on Feb 9, 2000. Price Objective:
$66.00. Risk/Reward: $2 3/4 VS. $22 7/8. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$66.00
Risk/Reward:
$2 3/4 VS. $22 7/8
Risk/Reward Ratio:
3:1
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