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AETNA INC
(AET-NYSE):
Technical Viewpoint: From a low
of $53 1/4 on Apr 18, 2000 prices
rallied, reaching a
high of $66 7/8
on May 22, 2000. A
decline saw prices pull back, reaching a
low of
$61 3/4 on May 31, 2000.
Another rally saw prices penetrate
resistance, closing 6/12/00
at $73.56. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Jun 2, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $65.00. Resistance: Is at $77.00.
Point & Figure: Reversed to the upside on Jun 12, 2000. A P&F upside
reversal takes place at $68 3/4. Summary: Technical indicators have turned bullish. BUY! AETNA INC
(AET-NYSE) @ $73 3/4 Stop: Use a protective stop of $70 7/8.
AETNA INC is currently trading @ $73.56 plus $6.18 on Jun 12, 2000. Price Objective:
$106.00. Risk/Reward: $2 7/8 VS. $32 1/4. Today's Risk Reward Ratio: 11: 1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$106.00
Risk/Reward:
$2 7/8 VS. $32 1/4
Risk/Reward Ratio:
11: 1
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