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LOEWS CORP
(LTR-NYSE):
Technical Viewpoint: From a low
of $88.00 on Jan 19, 2001 prices
rallied, reaching a
high of $105.25
on Feb 5, 2001. A
decline saw prices pull back, reaching a
low of
$98.31 on Feb 23, 2001.
Another rally saw prices penetrate
resistance, closing 2/27/01
at $106.40. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 30, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $99.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 23, 2001. A P&F upside
reversal takes place at $102.00. Summary: Technical indicators have turned bullish. BUY! LOEWS CORP
(LTR-NYSE) @ $107.12 Stop: Use a protective stop of $104.25.
LOEWS CORP is currently trading @ $106.40 plus $3.98 on Feb 27, 2001. Price Objective:
$132.00. Risk/Reward: $2.87 VS. $24.88. 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:
$132.00
Risk/Reward:
$2.87 VS. $24.88
Risk/Reward Ratio:
8:1
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