|
HCA HEALTHCARE
(HCA-NYSE):
Technical Viewpoint: From a low
of $37 7/8 on Nov 11, 2000 prices
rallied, reaching a
high of $42 1/2
on Nov 30, 2000. A
decline saw prices pull back, reaching a
low of
$37.26 on Dec 15, 2000.
Another rally saw prices penetrate
resistance, closing 12/20/00
at $43.01. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 20, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $38 1/4. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Dec 18, 2000. A P&F upside
reversal takes place at $40.82. Summary: Technical indicators have turned bullish. BUY! HCA HEALTHCARE
(HCA-NYSE) @ $43 3/8 Stop: Use a protective stop of $40 3/4.
HCA HEALTHCARE is currently trading @ $43.01 plus $2.36 on Dec 20, 2000. Price Objective:
$52 1/2. Risk/Reward: $2 5/8 VS. $9 1/8. Today's Risk Reward Ratio: 3:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$52 1/2
Risk/Reward:
$2 5/8 VS. $9 1/8
Risk/Reward Ratio:
3:1
|
