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AMERICA ONLINE
(AOL-NYSE):
Technical Viewpoint: From a low
of $51 3/8 on Feb 22, 2000 prices
rallied, reaching a
high of $62.00
on Feb 29, 2000. A
decline saw prices pull back, reaching a
low of
$54.00 on Mar 8, 2000.
Another rally saw prices penetrate
resistance, closing 3/9/00
at $61 1/4. Technicals: MACD Index (MACD): A Buy Alert!
was given on Feb 23, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $54 1/4. Resistance: Is at $66 1/2.
Point & Figure: Reversed to the upside on Mar 9, 2000. A P&F upside
reversal takes place at $56.00. Summary: Technical indicators have turned bullish. BUY! AMERICA ONLINE
(AOL-NYSE) @ $61 5/8 Stop: Use a protective stop of $58 3/4.
AMERICA ONLINE is currently trading @ $61 1/4 plus $6 3/8 on Mar 9, 2000. Price Objective:
$84.00. Risk/Reward: $2 7/8 VS. $22 3/8. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$84.00
Risk/Reward:
$2 7/8 VS. $22 3/8
Risk/Reward Ratio:
8:1
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