BUY! BEA SYSTEMS INC (BEAS) Nasdaq

  Report No. 1099    Analysis by: Harry Aloof     AUGUST 17, 2000

BEA SYSTEMS INC (BEAS-Nasdaq): Technical Viewpoint: From a low of $37.19 on Jun 27, 2000 prices rallied, reaching a high of $62 1/2 on Jul 13, 2000. A decline saw prices pull back, reaching a low of $41.00 on Aug 3, 2000. Another rally saw prices penetrate resistance, closing 8/16/00 at $57.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 16, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $43 1/2. Resistance: Is at $56 7/8. Point & Figure: Reversed to the upside on Aug 16, 2000. A P&F upside reversal takes place at $53 3/4. Summary: Technical indicators have turned bullish. BUY! BEA SYSTEMS INC (BEAS-Nasdaq) @ $57 7/8 Stop: Use a protective stop of $54 7/8. BEA SYSTEMS INC is currently trading @ $57.00 plus $8 1/8 on Aug 16, 2000. Price Objective: $75.00. Risk/Reward: $3.00 VS. $17 1/8. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$75.00 Risk/Reward:
$3.00 VS. $17 1/8 Risk/Reward Ratio:
6:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com