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PHONE.COM INC
(PHCM-Nasdaq):
Technical Viewpoint: From a low
of $60 1/2 on Jul 7, 2000 prices
rallied, reaching a
high of $107 1/4
on Jul 21, 2000. A
decline saw prices pull back, reaching a
low of
$70 1/4 on Jul 28, 2000.
Another rally saw prices penetrate
resistance, closing 8/10/00
at $101.69. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 17, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $80.00. Resistance: Is at $105.00.
Point & Figure: Reversed to the upside on Aug 10, 2000. A P&F upside
reversal takes place at $93.00. Summary: Technical indicators have turned bullish. BUY! PHONE.COM INC
(PHCM-Nasdaq) @ $103 5/8 Stop: Use a protective stop of $100 1/2.
PHONE.COM INC is currently trading @ $101.69 plus $10.69 on Aug 10, 2000. Price Objective:
$130.00. Risk/Reward: $3 1/8 VS. $26 3/8 . 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:
$130.00
Risk/Reward:
$3 1/8 VS. $26 3/8
Risk/Reward Ratio:
8:1
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