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SAWTEK INC
(SAWS-Nasdaq):
Technical Viewpoint: From a low
of $28 1/4 on Oct 18, 2000 prices
rallied, reaching a
high of $57.00
on Nov 6, 2000. A
decline saw prices pull back, reaching a
low of
$43 1/4 on Nov 13, 2000.
Another rally saw prices penetrate
resistance, closing 12/4/00
at $73.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 4, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $60.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 1, 2000. A P&F upside
reversal takes place at $68.00. Summary: Technical indicators have turned bullish. BUY! SAWTEK INC
(SAWS-Nasdaq) @ $74 5/8 Stop: Use a protective stop of $71 3/4.
SAWTEK INC is currently trading @ $73.94 plus $2 7/8 on Dec 5, 2000. Price Objective:
$98.00. Risk/Reward: $2 7/8 VS. $23 3/8. Today's Risk Reward Ratio: 8:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$98.00
Risk/Reward:
$2 7/8 VS. $23 3/8
Risk/Reward Ratio:
8:1
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