HANDSPRING INC
(HAND-Nasdaq):
Technical Viewpoint: From a low
of $30 7/8 on Sep 12, 2000 prices
rallied, reaching a
high of $81 1/4
on Sep 29, 2000. A
decline saw prices pull back, reaching a
low of
$48 1/2 on Oct 4, 2000.
Another rally saw prices penetrate
resistance, closing 10/25/00
at $95.47. Technicals: RSI Index (RSI): A Buy Alert!
was given on Oct 13, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $70.00. Resistance: Is at $99.31.
Point & Figure: Reversed to the upside on Oct 26, 2000. A P&F upside
reversal takes place at $90.00. Summary: Technical indicators have turned bullish. BUY! HANDSPRING INC
(HAND-Nasdaq) @ $95 5/8 Stop: Use a protective stop of $92 7/8.
HANDSPRING INC is currently trading @ $95.47 plus $7.03 on Oct 26, 2000. Price Objective:
$116.00. Risk/Reward: $2 3/4 VS. $20 3/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$116.00
Risk/Reward:
$2 3/4 VS. $20 3/8
Risk/Reward Ratio:
7:1
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