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BANK ONE CORP
(ONE-NYSE):
Technical Viewpoint: From a low
of $26.53 on Jun 30, 2000 prices
rallied, reaching a
high of $33 7/8
on Jul 20, 2000. A
decline saw prices pull back, reaching a
low of
$31.56 on Jul 28, 2000.
Another rally saw prices penetrate
resistance, closing 8/3/00
at $34.44. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 19, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32.00. Resistance: Is at $36.00.
Point & Figure: Reversed to the upside on Aug 3, 2000. A P&F upside
reversal takes place at $32 1/2. Summary: Technical indicators have turned bullish. BUY! BANK ONE CORP
(ONE-NYSE) @ $34 1/2 Stop: Use a protective stop of $31 3/4.
BANK ONE CORP is currently trading @ $34.44 plus $1.44 on Aug 3, 2000. Price Objective:
$46 1/4. Risk/Reward: $2 3/4 VS. $11 3/4. 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:
$46 1/4
Risk/Reward:
$2 3/4 VS. $11 3/4
Risk/Reward Ratio:
4:1
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