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PRIVIDIAN FINANCIAL
(PVN-NYSE):
Technical Viewpoint: From a low
of $104 1/4 on Aug 21, 2000 prices
rallied, reaching a
high of $119 7/8
on Sep 9, 2000. A
decline saw prices pull back, reaching a
low of
$110.00 on Sep 18, 2000.
Another rally saw prices penetrate
resistance, closing 10/5/00
at $133.44. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 25, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $127 1/2. Resistance: Is at $137.00.
Point & Figure: Reversed to the upside on Oct 5, 2000. A P&F upside
reversal takes place at $130.00. Summary: Technical indicators have turned bullish. BUY! Prividian Financial
(PVN-NYSE) @ $134 1/8 Stop: Use a protective stop of $131 1/4.
Prividian Financial is currently trading @ $133.44 plus $5.81 on Oct 5, 2000. Price Objective:
$145.00. Risk/Reward: $2 7/8 VS. $10 7/8. 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:
$145.00
Risk/Reward:
$2 7/8 VS. $10 7/8
Risk/Reward Ratio:
4:1
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