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AFLAC INC
(AFL-NYSE):
Technical Viewpoint: From a low
of $45.06 on Jul 5, 2000 prices
rallied, reaching a
high of $58.94
on Jul 14, 2000. A
decline saw prices pull back, reaching a
low of
$51.94 on Aug 30, 2000.
Another rally saw prices penetrate
resistance, closing 9/8/00
at $60 1/4. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 8, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $54 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 6, 2000. A P&F upside
reversal takes place at $58 1/2. Summary: Technical indicators have turned bullish. BUY! AFLAC INC
(AFL-NYSE) @ $60 3/8 Stop: Use a protective stop of $57 3/4.
AFLAC INC is currently trading @ $60 1/4 plus $2 3/4 on Sep 8, 2000. Price Objective:
$69 3/4. Risk/Reward: $2 5/8 VS. $9 3/8. Today's Risk Reward Ratio: 3:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$69 3/4
Risk/Reward:
$2 5/8 VS. $9 3/8
Risk/Reward Ratio:
3:1
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