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AETNA INC
(AET-NYSE):
Technical Viewpoint: From a low
of $53 1/4 on Sep 19, 2000 prices
rallied, reaching a
high of $62 3/8
on Oct 6, 2000. A
decline saw prices pull back, reaching a
low of
$55.00 on Nov 1, 2000.
Another rally saw prices penetrate
resistance, closing 11/15/00
at $66.06. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Sep 2, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $63 1/4. Resistance: Is at $84.00.
Point & Figure: Reversed to the upside on Nov 14, 2000. A P&F upside
reversal takes place at $76 1/2. Summary: Technical indicators have turned bullish. BUY! AETNA INC
(AET-NYSE) @ $66 1/2 Stop: Use a protective stop of $63 5/8.
AETNA INC is currently trading @ $66.06 plus $2.00 on Nov 15, 2000. Price Objective:
$78.00. Risk/Reward: $2 7/8 VS. $11 1/2. 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:
$78.00
Risk/Reward:
$2 7/8 VS. $11 1/2
Risk/Reward Ratio:
4:1
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