CALIFORNIA AMPLIFIER INC
(CAMP-Nasdaq):
Technical Viewpoint: From a low
of $14 1/2 on Apr 17, 2000 prices
rallied, reaching a
high of $24 1/4
on Apr 20, 2000. A
decline saw prices pull back, reaching a
low of
$18.00 on May 24, 2000.
Another rally saw prices penetrate
resistance, closing 6/9/00
at $30.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jun 9, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $20.00. Resistance: Is at $33.00.
Point & Figure: Reversed to the upside on Jun 9, 2000. A P&F upside
reversal takes place at $26 1/4. Summary: Technical indicators have turned bullish. BUY! CALIFORNIA AMPLIFIER INC
(CAMP-Nasdaq) @ $31 1/8 Stop: Use a protective stop of $28 5/8.
CALIFORNIA AMPLIFIER INC is currently trading @ $30.94 plus $7.81 on Jun 9, 2000. Price Objective:
$57.00. Risk/Reward: $2 1/2 VS. $19 7/8. 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:
$57.00
Risk/Reward:
$2 1/2 VS. $19 7/8
Risk/Reward Ratio:
8:1
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