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GENERAL DYNAMICS CORP
(GD-NYSE):
Technical Viewpoint: From a low
of $64.00 on Oct 20, 2000 prices
rallied, reaching a
high of $71.69
on Oct 31, 2000. A
decline saw prices pull back, reaching a
low of
$68.38 on Nov 9, 2000.
Another rally saw prices penetrate
resistance, closing 11/13/00
at $72.25 . Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Nov 12, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $68 1/4. Resistance: Is at $72 3/4.
Point & Figure: Reversed to the upside on Nov 13, 2000. A P&F upside
reversal takes place at $69 3/4. Summary: Technical indicators have turned bullish. BUY! GENERAL DYNAMICS CORP
(GD-NYSE) @ $72 3/8 Stop: Use a protective stop of $69 5/8.
GENERAL DYNAMICS CORP is currently trading @ $72.25 plus $2 1/2 on Nov 13, 2000. Price Objective:
$80 1/2. Risk/Reward: $2 7/8 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:
$80 1/2
Risk/Reward:
$2 7/8 VS. $8 1/8
Risk/Reward Ratio:
3:1
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