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UNISYS CORP
(UIS-NYSE):
Technical Viewpoint: From a low
of $27 3/8 on Apr 20, 1999 prices
rallied, reaching a
high of $34.69
on May 5, 1999. A
decline saw prices pull back, reaching a
low of
$32 1/8 on May 12, 1999.
Another rally saw prices penetrate
resistance, closing 5/26/99
at $36 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 26, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $32 1/4. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on May 13, 1999. A P&F upside
reversal takes place at $35 1/2. Summary: Technical indicators have turned bullish. BUY! UNISYS CORP
(UIS-NYSE) @ $37 1/8 Stop: Use a protective stop of $34 5/8.
UNISYS CORP is currently trading @ $36 3/4 plus $2.19 on May 26, 1999. Price Objective:
$46.00. Risk/Reward: $2 1/2 VS. $8 7/8. Today's Risk Reward Ratio: 3:1
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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 1/2 VS. $8 7/8
Risk/Reward Ratio:
3:1
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