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GENERAL DYNAMICS CORP
(GD-NYSE):
Technical Viewpoint: From a low
of $36 1/4 on Mar 7, 2000 prices
rallied, reaching a
high of $53 7/8
on Apr 4, 2000. A
decline saw prices pull back, reaching a
low of
$48.00 on Apr 18, 2000.
Another rally saw prices penetrate
resistance, closing 4/24/00
at $58.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 21, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $50.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 19, 2000. A P&F upside
reversal takes place at $55 1/2. Summary: Technical indicators have turned bullish. BUY! GENERAL DYNAMICS CORP
(GD-NYSE) @ $58 1/4 Stop: Use a protective stop of $55 1/2.
GENERAL DYNAMICS CORP is currently trading @ $58.00 plus $4.44 on Apr 24, 2000. Price Objective:
$82.00. Risk/Reward: $2 3/4 VS. $23 3/4. 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:
$82.00
Risk/Reward:
$2 3/4 VS. $23 3/4
Risk/Reward Ratio:
8:1
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