RF MICRO DEVICES
(RFMD-Nasdaq):
Technical Viewpoint: From a low
of $12.09 on Oct 18, 2000 prices
rallied, reaching a
high of $25 5/8
on Nov 15, 2000. A
decline saw prices pull back, reaching a
low of
$17 3/8 on Nov 30, 2000.
Another rally saw prices penetrate
resistance, closing 12/7/00
at $34 3/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 5, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $25 1/2. Resistance: Is at $46 1/2.
Point & Figure: Reversed to the upside on Dec 5, 2000. A P&F upside
reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! RF MICRO DEVICES
(RFMD-Nasdaq) @ $34 3/4 Stop: Use a protective stop of $32 1/8.
RF MICRO DEVICES is currently trading @ $34 3/8 plus $4 7/8 on Dec 7, 2000. Price Objective:
$46.00. Risk/Reward: $2 5/8 VS. $11 1/4. 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:
$46.00
Risk/Reward:
$2 5/8 VS. $11 1/4
Risk/Reward Ratio:
4:1
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