TANDY CORP
(TAN-NYSE):
Technical Viewpoint: From a low
of $37.00 on Feb 28, 2000 prices
rallied, reaching a
high of $52 1/2
on Mar 24, 2000. A
decline saw prices pull back, reaching a
low of
$47.44 on Mar 29, 2000.
Another rally saw prices penetrate
resistance, closing 3/30/00
at $51.56. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 20, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $47 1/2. Resistance: Is at $52 1/2.
Point & Figure: Reversed to the upside on Mar 30, 2000. A P&F upside
reversal takes place at $47 1/2. Summary: Technical indicators have turned bullish. BUY! TANDY CORP
(TAN-NYSE) @ $51 3/4 Stop: Use a protective stop of $49 1/8.
TANDY CORP is currently trading @ $51.56 plus $3.68 on Mar 30, 2000. Price Objective:
$63.00. Risk/Reward: $2 5/8 VS. $11 1/4. 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:
$63.00
Risk/Reward:
$2 5/8 VS. $11 1/4
Risk/Reward Ratio:
4:1
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