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DURA PHARMACEUTICALS
(DURA-Nasdaq):
Technical Viewpoint: From a low
of $21 3/8 on Aug 16, 2000 prices
rallied, reaching a
high of $28 1/2
on Aug 25, 2000. A
decline saw prices pull back, reaching a
low of
$24 1/2 on Sep 6, 2000.
Another rally saw prices penetrate
resistance, closing 9/12/00
at $35.00. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Sep 8, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $25 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 12, 2000. A P&F upside
reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! DURA PHARMACEUTICALS
(DURA-Nasdaq) @ $35 5/8 Stop: Use a protective stop of $32 7/8.
DURA PHARMACEUTICALS is currently trading @ $35.00 plus $3 3/8 on Sep 12, 2000. Price Objective:
$43 3/4. Risk/Reward: $2 3/4 VS. $8 1/8. 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:
$43 3/4
Risk/Reward:
$2 3/4 VS. $8 1/8
Risk/Reward Ratio:
3:1
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