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MBNA CORP
(KRB-NYSE):
Technical Viewpoint: From a low
of $23 7/8 on May 8, 2000 prices
rallied, reaching a
high of $29 3/8
on Jun 9, 2000. A
decline saw prices pull back, reaching a
low of
$26 3/8 on Jun 22, 2000.
Another rally saw prices penetrate
resistance, closing 7/27/00
at $33 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 7, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $31 1/2. Resistance: Is at $NONE.
Point & Figure: Reversed to the upside on Jul 27, 2000. A P&F upside
reversal takes place at $32.00. Summary: Technical indicators have turned bullish. BUY! MBNA CORP
(KRB-NYSE) @ $34 1/8 Stop: Use a protective stop of $31 5/8.
MBNA CORP is currently trading @ $33 1/2 plus $2.31 on Jul 27, 2000. Price Objective:
$45.00. Risk/Reward: $2 1/2 VS. $10 7/8. 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:
$45.00
Risk/Reward:
$2 1/2 VS. $10 7/8
Risk/Reward Ratio:
4:1
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