GEMSTAR-TV GUIDE INT'L
(GMST-Nasdaq):
Technical Viewpoint: From a low
of $35 1/2 on Nov 29, 2000 prices
rallied, reaching a
high of $47 7/8
on Dec 1, 2000. A
decline saw prices pull back, reaching a
low of
$34 1/2 on Dec 20, 2000.
Another rally saw prices penetrate
resistance, closing 12/28/00
at $53.00. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 28, 2000 when the solid line crossed the dotted line to the upside.
Support: Remains at $46.00. Resistance: Is at $56 1/4.
Point & Figure: Reversed to the upside on Dec 21, 2000. A P&F upside
reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! GEMSTAR-TV GUIDE INT'L
(GMST-Nasdaq) @ $53 1/2 Stop: Use a protective stop of $50 5/8.
GEMSTAR-TV GUIDE INT'L is currently trading @ $53.00 plus $6 1/2 on Dec 28, 2000. Price Objective:
$76.00. Risk/Reward: $2 7/8 VS. $22 1/2. 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:
$76.00
Risk/Reward:
$2 7/8 VS. $22 1/2
Risk/Reward Ratio:
8:1
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